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*Aug14 Aussie-dollar open $0.7897,...>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Aug14 Aussie-dollar open $0.7897, range $0.7888 to $0.7919
*Aussie opened in Asia toward the upper side of Friday's $0.7839 to $0.7910
range, where softer-than-expected US inflation data placed the greenback on the
defensive
*After dipping to $0.7888 demand in Aussie-yen from Tokyo names pushed the
Aussie back through $0.7900 to post a high at $0.7919. Risk-on was the theme
with N. Korea/US tensions easing somewhat after the US's top general said the
focus was on a diplomatic solution to N Korea
*Consolidation then became the theme, Aussie-dollar confined to a $0.7901 to
$0.7910 range heading toward the opening of European markets. 
*Resistance is noted at $0.7926 (38.2% fib $0.8066-$0.7839), while hourly
support is located at $0.7888.

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