New Zealand ANZ Business Confidence rose from previous 10.5 to 14.6 in November

AUD/USD bears are testing the bulls commitments on the inflation outlook for the Australian economy and a run at stops has occurred in recent trade as we approach Tokyo and better liquidity again for the week. The TD Securities inflation gauge and trimmed mean for Nov came in below the RBA's target of between 2-3% at 1.6%y/y.