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AUSSIE SUMMARY: Aussie-dollar: Aug24 close $0.7897, Aug25 Asia range
$0.7885-0.7907, Europe $.7899-0.7920
*Aussie-dollar opened flat in Asia, early dealings were reported light with
trade tied to a narrow 10 pip range
*Liquidation of aussie-kiwi long positions started to add weight, aussie touched
pullback lows of $0.7885 before dip buyers cushioned falls
*The quiet theme initially spilled over into Europe as traders remained on the
sideline ahead of key speeches today at Jackson Hole
*Aussie crosses started to support (aud-yen/eur-aud), the rate managed to grind
out a fresh high of $0.7920 but with lack of follow through drifted
*Next resistance is seen at $0.7937/51 (50% $0.8066-0.7808, Aug21-22 highs).
Aussie last $0.7914.