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Aussie-dollar: Aug28 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Aug28 close $0.7964, Aug29 Asia range $0.7906-70,
Europe $0.7922-69
*The latest missile launch from N. Korea saw the Aussie under pressure in early
Asia, Aussie-yen sales saw the rate drop from near $0.7970 to a base of $0.7906
before stalling
*The Tokyo open brought needed support and liquidity, Aussie rose from around
$0.7920 to $0.7939 largely on Aussie-yen demand
*For the balance of the session the rate edged lower to $0.7922
*The quiet theme spilled over into Europe, consolidation remained the theme to
hold a narrow 15 pip range in early dealings
*The surge in gold prices provided a much needed relief, aussie squeezed to
$0.7969 but failed to take out resistance from the Asia high
*Tech resistance is seen at $0.7972/73 (200-wma, Aug28 high), offers placed
behind on approach to $0.8000. Aussie last $0.7964.

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