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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: European open $0.7890, range 0.7869-0.7898, NY
open $0.7871, range $0.7845-0.7875
*Renewed dollar buying extended the corrective pullback through the Asia low to
$0.7869, before dip buyers cushioned falls just ahead of the NY open
*Aussie cross sales (eur-aud/aud-yen) extend sharp slippage to print
fresh daily lows of $0.7856. 
*As oil turned positive, the pair received a small lift off the intra-day low of
$0.7857 with the rate heading towards $0.7870.
*In a very lackluster session, we witnessed a wave of broad based dollar buying
following commodities falling sharply and geo-political concerns slowly faded.
The pair fell back towards $0.7855.
*Broad based dollar demand following hawkish comments from the Fed's
Dudley's "backs another rate hike in 2017, if economy evolves as expected- BBG"
saw the rate drop to a new intra-day low of $0.7845.
*Dip buyers emerged in the form of HFTS pushing the pair towards $0.7860.

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