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Aussie-dollar: European open.........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: European open $0.7935, range 0.7918-0.7939, NY
open $0.7927, range $0.7927-0.7956
*Stg-yen demand following the release of stronger UK Services PMI triggered
fresh aud-yen buying, this dragged aud-usd to $0.7939 before fading into the NY
open
*Received an added lift with euro-dollar to print recovery highs of $0.7943.
*The rate pared back its gains following rising US Tsys yields, with the rate
drifting back towards $0.7925.
*Fresh dollar sales following the release of soft US ISM Non-mfg data
lift to recovery highs of $0.7951.
*The greenback started to pare back some of its losses, as
commodities slipped ahead of the release of tomorrows NFP, with the rate
slipping back towards $0.7940.

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