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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Europe open $0.7820, range $0.7800-0.7832, NY
open $0.7821, range $0.7812-0.7860
*Cross demand supported off the low, fresh dollar unwinds pared losses to hold
$0.7822-32 for the balance of the European morning session and into the NY open.
*A wave of dollar demand following US Tsys yields witnessed the rate drop to
Y112.12
*Following XAU and oil rising and eur/usd dollar spiking, the rate has
followed suit jumping to recovery highs of $0.7843. The rate met supply and fell
back towards $0.7830.
*The Aussie slowly grinded higher as XAU rallied, with the rate grinding towards
$0.7840.
*Aussie demand through the crosses (eur and jpy) witnessed the rate
continue to grind higher, as the rate printed a fresh intra-day high of $0.7860.

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