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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: European open $0.7940, range 0.7919-0.7963, NY
open $0.7919, range $0.7903-0.7936
*Feels the weight of euro-dollar and extended the corrective pullback off
earlier traded highs ($0.7963) to new session low of $0.7913.
*The pair bounced of its intra-day low of $0.7913 to recovery highs of $0.7936,
before losing momentum and falling back towards $0.7920.
*Broad based dollar pressure, following US Tsys yields, combined with gold
rising saw the rate grind towards $0.7930.
*As rumors of Gary Cohn's resignation start to dissipate, the dollar received a
lift falling to a new intra-day low of $0.7909.
*As oil and gold turned positive, aussie bounced off its intra-day low of
$0.7909 towards $0.7925.
*Aussie came under renewed pressure, as oil fell, with the rate falling to a new
intra-day low of $0.7895.

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