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Aud/Usd: Europe open $0.7992,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Europe open $0.7992, range $0.7989-0.8030, NY open
$0.8020, range $0.7998-0.8035
- Jpy traded softer across the board, allowed Aud/Usd, via Aud/Jpy, to edge on
to a fresh intra-day of $0.8030.
- As XAU tumbled in early NY the rate slipped towards $0.8010.
- Broad based dollar demand after the release of weaker than expected US Retail
sales, saw the rate spike to a fresh intra-day high of $0.8035. As the dollar
turned, the pair slipped back towards $0.8020.
- The greenback received a lift as oil and XAU fell, as the rate dropped towards
$0.8000.
- Continued pressure on commodities, witnessed the rate drop towards $0.7990,
although traders reported that volume and flow was limited.

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