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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: European open $0.7845, range $0.7838- 0.7854, NY
open $0.7845, range $0.7808-0.7856
*The firm dollar tone spilled over into Europe, despite this aussie saw limited
react and largely held a narrow 15 pip range with moves dictated via the crosses
(eur-aud) with the market awaiting the arrival of NY.
*Broad based dollar demand following rising US Tsys yields and XAU falling
further, witnessed the rate drop to fresh session lows of $0.7824.
*The release of better than expected US Existing Home sales, witnessed the
dollar gain more ground, with the rate dropping to fresh sessions lows of
$0.7808.
*The greenback pared back some of its gains as profit takers emerged, the rate
grinded back towards $0.7825.
*A fresh wave of dollar demand, as Trump says " bringing Taylor and Powell to
Fed an option" witnessed the rate drop back towards $0.7815. 

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