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Aud/Usd: Dec11 close $0.7528,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Dec11 close $0.7528, Dec12 Asia range $0.7519-40,
Europe$0.7535-69
*Aussie opened in Asia toward the middle of yesterday's $0.7504-45 range where
firmer base metal prices helped to underpin the Aussie
*The pair traded sideways around $0.7530 ahead of local economic data
*Weaker Australian home price and business confidence data saw the pair trade a
fraction softer, the rate eased from $0.7527 to $0.7519
*The move proved only a temporary blip, Aud pared losses in tandem with the
firmer kiwi, recovery efforts extended to the $0.7535 area
*The buoyant tone continued throughout the European morning session. Supported
by persistent kiwi gains, Aud/Usd touched $0.7569 ($0.7570 Dec7 high) before
light profit take sales emerged off the high
*Resistance remains on approach to $0.7600 ($0.7598 Hourly recovery high Dec6).
Last $0.7562.
*Highlights later today from Westpac Consumer Confidence at 2330GMT, followed on
Thursday by jobs data at 0030GMT. 

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