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Aud/Usd: Dec27 close $0.7773,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Dec27 close $0.7773, Dec28 Asia range $0.7765-98,
Europe $0.7790-0.7810
*Aussie opened in Asia toward the upper side of yesterday's $0.7724-79 range
where firmer commodities (CRB index +0.5%) and softer US Tsy yields, helped to
underpin 
*As with other currency pairs, the US dollar was broadly weaker from the opening
bell in Asia, the rate rose unwavering from $0.7765 to $0.7795
*Reported Macro supply ahead of $0.7800 initially contained into Europe. However
the dollar selling theme returned linked to hedging requirements for month,
quarter and year-end
*Light stops were triggered on the break of $0.7800, gains extended to $0.7810
before fading
*As UST yields firmed, Aussie dipped back under $0.7800 to hold near the base of
its narrow 20 pip European range
*Resistance remains at $0.7814 (50% $0.8125-0.7502). Support at $0.7765 (Asia
low).

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