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Aud/Usd: Asia open $0.7713, range....>

AUSSIE SUMMARY
MNI (London)
AUSSIE SUMMARY: Aud/Usd: Asia open $0.7713, range $0.7682-0.7716. Europe open
$0.7686, range $0.7670-86. 
* Aud/Usd touched an extended high of $0.7730 in NY Thursday, closed around
$0.7718. 
* Aud had been boosted Thursday on back of strong Trade data but this was
countered by today's release of weak Retail Sales.
* Aud had held a narrow $0.7709-16 range ahead of data, dropped from $0.7714 to
$0.7684 on reaction. 
* Recoveries held to $0.7694, before fresh supply pressed rate to a fresh low of
$0.7682.
* Usd demand into Europe acted to press rate to an extended low of $0.7670, the
rate held heavy ahead of NY.
* Attention on today's release of US NFP/AHE data. Market medians 312k/0.2%mm. 
* Traders said to be watching tonight's close with the 200-dma close by at
$0.7698. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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