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

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: European open $0.7681, range $0.7652-0.7683, NY
open $0.7653, range $0.7627-0.7653
*The eur-usd break of $1.1600 triggered renewed supply with a deeper reversal to
$0.7652 ahead of NY.
*Continued greenback demand in early NY witnessed the rate drop to session lows
of $0.7647.
*Under renewed pressure via the crosses, aussie touched extended pullback
lows of $0.7629.
*A sharp turn in the greenback following gold rallying and the Dow
dropping has seen the pair grind off its intraday low of $0.7627 towards
$0.7640.
*As the greenback recovered its losses, following the price of gold
and oil dropping. The rate went on to print fresh intraday lows of $0.7627
before rebounding back towards $0.7640 towards the NY close.

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