Mixed markets in the Asia-Pacific

FXstreet.com (Barcelona) - With Hong-Kong back in business and the Hang-Seng index currently down -0.3% after a positive start of the session, local share markets are somehow mixed, with Nikkei index up +0.64% capped so far by the 14k points mark, while Shanghai Composite is down -0.4%.

Most local markets are in the positive following gains in the US with SP500 closing in NY up +0.54%. The Australian ASX index is one of the big winners in the Asia-Pacific, up +1.39%, just few hours away of key risk event of the day in the form of the RBA meeting, while Korean Kospi is also up a smaller +0.12%.

Flash: AUD/USD, bias is for a squeeze to 0.9430/60 - ANZ

Time to start considering buy <a href="http://www.fxstreet.com/technical/currencies-glance/pair.aspx?id=aud/usd">AUD/USD dips in the near term, even if the longer term bias may be to sell into rebounds, notes Tim Riddell, Head of Global Markets Research at ANZ.
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AUD/USD dips below 0.9230 as RBA nears

With increasing chatter about a rate cut today coming from the RBA, even though market consensus according to Reuters is for a hold at current 2.75%, the Aussie has recently sold off from session and double weekly high so far at the 0.9250 level, last trading at 0.9220, off fresh session lows at 0.9207.
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