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AUSSIE SUMMARY: Aussie-dollar: $0.7640, range $0.7634-0.7651, NY open $0.7645,
*Consolidation largely remained the theme in Europe, trade volumes were seen
light tied to a narrow $0.7634-51 range
*The release of strong US GDP data triggered renewed dollar demand to $0.7625
and a re-test of the Asia low. The pair met demand and bounced back towards
*Spiked to fresh daily highs of $0.7672 on react to the bbg headline that Trump
is to lean toward Powell as next Fed Chair.
*The greenback pared back some of its losses post Fed nominee comments. Sellers
emerged as the market remembered that yesterday White House sources said "Trump
changes his mind every day". The pair dropped towards $0.7650. *The Aussie
remained in consolidation mode for the majority of the afternoon session, with
the rate bouncing between $0.7655-65. *The dollar came under a fresh wave of
pressure sinto the NY close, with the rate grinding to new session highs of