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Aud/Usd: Europe open $0.7962,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Europe open $0.7962, range $0.7955-84, NY open $0.7976,
range $0.7966-0.8028
*Broad based dollar demand at the NY open witnessed the rate drop towards
$0.7965
*Following somewhat dovish comments from the Fed's Brainard saw the
rate spike towards the intra-day high of $0.7985.
*Broad based dollar pressure, as geo-political concerns weigh on the greenback,
the pair printed a new intra-day high of $0.8004.
*A fresh wave of dollar selling saw stops triggered on the break of
$0.8005 with the rate printing a new high $0.8016
*The release of weak US factory orders combined with oil continuing to push
higher witnessed the rate jump to fresh highs of $0.8028.
*The dollar pared back its earlier losses, with the rate drifting from its
intra-day high of $0.8028 towards $0.8005.
*Fresh weight on the pair following aud/jpy falling, has seen the rate
fall to pullback lows of $0.7977.

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