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October 11, 2017 09:31 GMT
Aussie-dollar: Oct10 close...........>
AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Oct10 close $0.7780, Oct11 Asia range
$0.7776-0.7809, Europe $0.7775-95
*Aussie opened flat in Asia, early dealings were seen light tied to a narrow
$0.7776-88 range
*Demand started to emerge, the buying was said to be bond-related with
Australian debt agency announcing it had sold a record A$3.5 billion of Aussie
bonds maturing on 2022
*Strong Westpac Consumer Confidence added to the buoyant tone which saw the pair
lift to $0.7809
*Light profit take sales dipped back under $0.7800 to hold in narrow range trade
*Aussie touched recovery highs of $0.7793 into Europe, but soon faded
*Consolidation largely remained the theme with the pair unable to reclaim
$0.7800. Main focus turns to FOMC minutes this evening at 1800GMT. Aussie last
$0.7785.
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