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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Europe open $0.7997, range $0.7938-0.8006, NY
open $0.7940, range $0.7917-0.7944
*Fresh supply via the crosses took the rate on to extended pullback lows of
$0.7938 in late European morning.
*Downside momentum continued in early NY to grind out a fresh daily low of
$0.7925.
*The release of stronger-than-expected US data triggered fresh dollar
demand to print a fresh intra-day low of $0.7917.
*Broad based Aussie demand at the 4PM WMR combined with oil and XAU
bouncing off their lows witnessed the rate jump towards $0.7945.
*A small bounce in the dollar, saw the rate grind towards $0.7930, with the
market losing interest in no comment on sanctions from the White House.

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