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

AUSSIE SUMMARY: Aussie-dollar: European open $0.7987, range $0.7951-0.7989, NY

open $0.7954, range $0.7890-0.7954

*As recovery efforts continued shallow in early NY, aussie drifted to a new

intra-day low of $0.7941

*Touched pullback lows of $0.7932 on react to the strong US ADP numbers,

followed by strong GDP numbers pushing the rate to $0.7926.

*The greenback received a lift following oil and XAU continuing to drop and

rising US Tsys yields, with the rate printing a new intra-day low of $0.7906.

Dip buyers emerged ahead of $0.7900 pushing the rate towards $0.7920.

*Broad based dollar demand following US Tsys yields and pressure on

commodities has seen the rate drop to a new intra-day low of $0.7902.

*Stops have been triggered on the break of $0.7900, as

commodities remain under pressure. The rate printed a new intra-day low of

$0.7890.

*The rate met support from ECNS and grinded back over $0.7900