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Aud/Usd: European open $0.7612,......>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: European open $0.7612, range $0.7588-0.7616, NY open
$0.7607, range $0.7595-0.7620
*In reaction to comments from House Ways and Means Chairman Brady on CNBC "that
confident that tax bill will pass" saw a sharp drop in XAU. The pair followed
suit dropping towards $0.7600.
*The dollar received a further lift on the release of better than expected US
data, witnessed the rate drop towards $0.7590.
*The pair got lift following rallying gold, on the back of a comment made by
Powell " wages aren't signaling tightness in labor market", the rate jumped back
over $0.7610.
*Hawkish comments from Fed nominee Powell witnessed a fresh wave of dollar
demand with the rate dropping towards $0.7600.
*The Aussie received a lift following rallying gold prices, amid concerns over
the US tax bill. The rate went onto print fresh session highs of $0.7620.
*The dollar spiked in reaction to the senate budget committee advancing GOP tax
bill on party line with the rate dropping to $0.7595.  

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