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Aud/Usd: Dec8 close $0.7503, Dec11...>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Dec8 close $0.7503, Dec11 Asia range $0.7504-32, Europe
$0.7521-36
*Aud/Usd opened flat in Asia, early dealings were seen light and held either
side of $0.7510
*The pair climbed higher from near $0.7512 to $0.7528. The move was in sympathy
with the surging kiwi following reports that Adrian Orr was named as the new
governor of the Reserve Bank of New Zealand. Orr seen by many as an inflation
hawk is scheduled to start his 5-year term on Mar27
*Consolidation remained the theme into Europe, Aud/Usd tracked further kiwi
gains to $0.7536
*Minor pullback off the high extended to $0.7521 but with lack of follow through
settled around the $0.7528/33 area
*Talk remains of barrier interest at $0.7500 with reported stops on a break.
Aud/Usd last $0.7528.

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