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Aud/usd: Europe open $0.8048,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/usd: Europe open $0.8048, range $0.8029-58, NY open $0.8055,
range $0.8019-0.8056
*Broad based dollar demand in early NY, following a sharp drop in XAU witnessed
the rate drop towards $0.8040.
*Broad based greenback demand continued its theme, as XAU fell further. The rate
dropped to $0.8034, just above the intra-day low of $0.8029.
*The greenback demand continued in a very controlled manor, as the rate drifted
to a new intra-day low of $0.8027.
*The rate pared back some of its losses, after printing a new intra-day low of
$0.8027, as the rate grinded towards $0.8050.
*A sharp drop in the pair at the 4PM WMR, witnessed the rate drop from
$0.8045 to a fresh intra-day low of $0.8019.
*The Aussie clawed back some of its losses, after printing a new intra-day low
of $0.8019, as oil rallied. The rate grinded towards $0.8030 in an orderly
market. 

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