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Aud/Usd: Nov27 close $0.7604,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Nov27 close $0.7604, Nov28 Asia range $0.7601-16,
Europe $0.7588-0.7616
*Aussie opened in Asia toward the lower side of yesterday's $0.7593-$0.7645
range where North Korea jitters and a fall in commodity prices undermined the
antipodean
*As the modest range would suggest the Asia session was a dull affair, Aud/Usd
held a tight $0.7601-$0.7614 range, with little flows to report. The only action
was centred almost entirely on Aud-Nzd, the cross eased from N$1.1003 to
N$1.0966, as reported stops were triggered
*The dollar gained a fresh bid tone into Europe, aussie eased to the $0.7600/05
area, before finding support from the Asia low ($0.7601)
*Eur/Aud short covering started to weigh, Aud/Usd moved back under $0.7600,
slippage extended to $0.7588 before stalling around support from the 50% fibo
$0.7532-0.7645. Aud/Usd last $0.7594.

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