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Aussie-dollar: Aug18 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Aug18 close $0.7933, Aug21 Asia range $0.7920-35,
Europe 0.7911-26
*Regional equites opened lower in Asia, this encouraged aussie-yen sales, aussie
drifted to $0.7920
*Firmer commodities then supported (Dalian ore +6%, Shanghai steel +4%), rate
was quick to pare early losses
*Consolidation remained the theme into Europe, aussie held $0.7917-26
*Aud/usd started to feel the weight of persistent aussie-yen sales with a move
to $0.7912
*Recovery efforts stalled ahead of $0.7925, before another wave of cross supply
witnessed a deeper reversal to $0.7911
*Rate holds heavy ahead of NY with hourly lows noted through $0.7908-05, demand
placed behind at $0.7900. Aussie last $0.7914

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