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Aud/Usd: European open $0.7666,......>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: European open $0.7666, range $0.7654-71, NY open
$0.7663, range $0.7651-0.7680
*Aud started to chew into Asia gains with a move to $0.7654. Traders extended
react to the jobs data noted the pace of gains are unsustainable with low wage
growth and inflation
*The Aussie slowly grinded higher in late European trade, as the greenback
remained under pressure.
The rate bounced between $0.7660/65 ahead of and into the NY open.
*Following commodities dropping and firmer US Tsys yields the pair dropped
towards $0.7550.
*A spike in oil saw the rate follow suit with the pair jumping from $0.7655
towards $0.7670.
*As commodities rallied and the dollar lost ground against Yen and
Canada, the pair grinded to fresh session highs of $0.7680 before
fading back towards $0.7665.
*A fresh bout of dollar pressure saw the rate grind towards the high.

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