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Aussie-dollar: Nov9 close $0.7679,...>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Nov9 close $0.7679, Nov10 Asia range $0.7665-90,
Europe $0.7669-95
*Aussie opened flat in Asia, early dealings were seen light tied to a narrow
$0.7676-88 range ahead of the RBA's SoMP
*Initial react following the release saw the Aussie ease lower from $0.7684 to
$0.7665 as the RBA lowered their inflation forecasts
*Aud/Nzd short covering was quick to pare losses following NZ Finance Minister
Robertson remarks that said creating a dual mandate similar to those of the FED
or the RBA could result in looser monetary policy in some situations
*Consolidation largely remained the theme as the pair held either side of
$0.7685 for the balance of the session
*Fresh wave of demand into Europe touched $0.7695 but once again encountered
strong headwinds ahead of the $0.7700 area ($0.7699/01 200-dma, Nov7 high)
*UST-yield led dollar rally started to pare gains, Aud-Usd touched $0.7669
before support from the Asia low ($0.7665) cushioned falls. Last $0.7675.

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