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Aussie-dollar: Europe open...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Europe open $0.7973, Europe $0.7973-0.8001, NY
open $0.7997, range $0.7991-0.8020
*Having briefly made a show back above $0.8000, sellers were quick to
emerge with a move to $0.7994/96.
*Made a clean break of $0.8000 at the second attempt with gains
extending to $0.8006 in early NY before drifting towards $0.8000
*As commodity based currency pairs remain well supported, aussie grinded out a
fresh high of $0.8015.
*The AUD slowly pared back it gains, as XAU and OIL falter, with the
rate drifting towards $0.7990.
*As XAU and Oil pared back some of their losses, the rate followed suit grinding
back towards $0.8005.
*Broad based dollar pressure, witnessed the rate climb higher and re-test the
intra-day high of $0.8015 before losing momentum slipping back towards $0.8000.
*Broad based greenback pressure in reaction, to XAU turning positive saw the
rate print a fresh intra-day high of $0.8020, before sliding  towards $0.8010.

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