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Aud/Usd: Dec13 close $0.7632,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Dec13 close $0.7632, Dec14 Asia range $0.7628-75,
Europe $0.7654-71
*Aussie opened flat in Asia, early dealings were seen light tied to a narrow
$0.7628-37 range ahead of the domestic economic data
*A strong local jobs report catapulted the Aussie higher from around $0.7630 to
$0.7670. The data showed 61,600 jobs had been created in November compared to
MNI's median of 17,000
*Dips were shallow and limited to $0.7662, before another wave of demand
squeezed to fresh highs of $0.7675
*Initially consolidating into Europe, broad-based dollar demand linked to
firming UST yields weighed
*Aud started to chew into Asia gains with a move to $0.7654. Traders extended
react to the jobs data noted the pace of gains are unsustainable with low wage
growth and inflation
*The Asia low provides initial support at $0.7628 as main focus turns to US
Retail Sales data (1330GMT) for direction. Last $0.7658.

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