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Aussie-dollar: NY open $0.7871,......>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: NY open $0.7871, range $0.7867-0.7889, NY open
$0.7869, range $0.7843-0.7875
*Cross play once again dictated price action as the pair traded a very narrow 23
pip European morning range.
*The rate slipped, as the greenback received a small lift through US Tsys yields
in early NY with the rate dropping to fresh intraday lows of $0.7867.
*Having earlier stalled ahead of $0.7875, fresh supply emerged with a
move through the Asia low to $0.7863.
*With oil and XAU dropping the rate followed suit with the pair
dropping to fresh intraday lows of $0.7858.
*Continued pressure on the Aussie, following XAU and oil moving lower saw the
rate print a fresh intraday low of $0.7854.
* Broad based dollar demand following rising US Tsys yields witnessed the rate
drop to fresh intraday lows of $0.7843.

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