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Aud/Usd:Europe open $0.8012, range...>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd:Europe open $0.8012, range $0.8011-49, NY open $0.8024,
range $0.8015-0.8043
*A generally softer Jpy saw Aud/Jpy lead Aud to an extended recovery of $0.8049
before move faltered.
*The rate pulled back as XAU dropped sharply at the NY open with rate falling
towards $0.8020 before meeting demand and bouncing towards $0.8040.
*The greenback received a further lift across the board, as broad based dollar
demand continued with the rate dropping towards $0.8015.
*Fresh dollar pressure following a drop in US Tsys Yields and XAU turning
positive on the day, witnessed the rate jump back over $0.8030.
*The pair remained in consolidation mode bouncing between $0.8020-35 for the
majority of the NY afternoon session, as XAU and aud/jpy led the pair.

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