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Aud-Usd: Dec7 close $0.7510, Dec8....>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud-Usd: Dec7 close $0.7510, Dec8 Asia range $0.7502-17
*A firmer US dollar with added weight from soft base metal prices saw the Aussie
touch extended pullback lows of $0.7504 in NY Thursday
*Demand ahead of the reported $0.7500 barrier cushioned, rate later recovered to
the $0.7510/15 area
*The dollar opened firm in Asia after President Trump announced infrastructure
plans in January and the Senate passed a temporary spending bill to fund the
government to Dec 22
*Aud/Usd slipped to fresh 6-month lows of $0.7502 but again encountered strong
support ahead of $0.7500
*Rate pared early losses to hold either side of $0.7510
*Strong China Trade data on both the imports and exports component triggered
fresh appetite, Aud/Usd squeezed to $0.7517 but with lack of follow through
drifted ahead of Europe
*Pressure remains toward the downside with main focus on today's US jobs report
for direction. Last $0.7511.

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