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Aud/Usd: Nov21 close $0.7578,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Nov21 close $0.7578, Nov22 Asia range $0.7562-96,
Europe $0.7556-77
*Aussie opened firm in Asia and lifted to $0.7589, the move was in-line with
modest US dollar weakness seen in other pairs
*Australian Q3 construction work done came in at +15.7% q/q against MNI's median
of -2.0% q/q. Aussie squeezed to $0.7596 before reported macro sellers emerged
off the high
*Rate was quick to pare gains with added weight via Aud/Jpy to hold either side
of $0.7570
*Consolidation largely remained the theme during a quiet European morning
session. Initially lifting to $0.7577 on early dollar weakness, cross selling
predominantly by Aud/Jpy pressured through the Asia low to $0.7556 before fading
*Downside support remains at $0.7532/31 (Nov21 low, 61.8% $0.7329-0.8125)
*US data highlights today at 1330GMT from Weekly Jobless Claims/Durable Goods,
Consumer Sentiment follows at 1500GMT. Aud/Usd last $0.7558.

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