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Aud/Usd: Europe open $0.7607,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Europe open $0.7607, range $0.7604-45, NY open $0.7641,
range $0.7603-0.7645
*Minor pullback encountered fresh dip buyers ahead of $0.7615, rate squeezed to
$0.7634 in mid European morning.
*Persistent demand via the crosses squeeze to $0.7643 jusrt ahead of NY. As NY
entered the fray the rate squeezed to fresh highs of $0.7645 before fading
towards $0.7635.
*The greenback pared back some of its losses as oil slipped, the pair fell back
towards $0.7620.
*As the dollar firmed across the board, aussie continued to pare European
morning gains. Rate touched pullback lows of $0.7605.
*As gold bounced off its pullback lows, the rate followed suit bouncing back
towards $0.7620.
*The Aussie came under pressure via aud/jpy, as the market started to see risk
off sentiment, following concerns over a NK missile test. The pair dropped back
towards $0.7605.

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