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

AUSSIE SUMMARY: Aussie-dollar: European open $0.7571, range $0.7542-75, NY open

$0.7547, range $0.7536-0.7572 

*Aud-Jpy supply continued to pressure in early Europe, the kiwi break of

NZ$0.6817 (2017 low) with added weight from Gbp/Aud extended the corrective

pullback to near 5-month lows of $0.7542 

*A small bounce in the pair as NY arrived with the rate grinding towards

$0.7550. 

*As commodity-based currency pairs remained on the defensive, Aud-Usd managed to

grind out a fresh daily low of $0.7536. *As the dollar came under pressure

across the board, following gold rallying and US Tsys yields dropping, the pair

bounced off its session lows and back over $0.7550 before fading. *Broad based

dollar pressure, as commodities rallied and the Dow dropped has witnessed the

rate grind towards $0.7560. *As commodities continued to rally, the rate

folllowed suit grinding towards $0.7575. *The greenback came under a fresh wave

of pressure into the NY close as the WSJ reported that probe extends to the

miltary with the rate rising towards $0.7570.