UBS - "We stay short AUDUSD as a trade recommendation from 1.0610, expecting the currency pair to fall back through parity over the coming months. Q3 CPI inflation printed higher than expected, but UBS Economics still expects the central bank to cut its cash rate by another 25bps to 3.00% at its Nov. 6 meeting. The process has been gradual, but the Australian dollar's yield advantage is slowly being eroded away and the currency has already lost some of its buoyancy."