Aussie-dollar: Nov10 close...........>

AUSSIE SUMMARY: Aussie-dollar: Nov10 close $0.7661, Nov13 Asia range $0.7642-72,

Europe $0.7643-66

*Consolidation largely remained the theme overnight with trade tied to a narrow

30 pip range

*Deputy Governor Debelle remarks hit the wires, he noted, solid upward

trajectory in non-mining investment, but also said, a rate rise requires rising

household income and growth and there is nothing that could force us to raise

rates

*Aussie initially failed to react but did start to encounter fresh supply via

the crosses. Rate touched $0.7642 before dip buyers cushioned to to hold either

side of $0.7660

*Short squeeze in early Europe managed to print $0.7666, but with lack of follow

through was quick to pare gains

*Soft oil prices started to weigh, aud-jpy sales extended the corrective

pullback to $0.7643 before support from the Asia low ($0.7642) cushioned falls

*Very light on the calendar today, cross flow expected to drive, last $0.7646.