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Aussie-dollar: Oct12 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Oct12 close $0.7820, Oct13 Asia range $0.7818-42,
Europe $0.7829-46
*Modest US dollar weakness was the main theme overnight, Aussie lifted from
$0.7818 to $0.7842 before fading
*RBA's bi-annual Financial Stability Review passed without too much fanfare
despite continued concerns on the condition of household balance sheets and the
housing market
*Consolidation initially remained the theme into Europe with trade held to a
narrow 10 pip range
*As cross play dictated price action throughout the morning, aussie extended the
slow grind, moved through the Asia high to $0.7846 before fading
*Light offers are reported to build ahead of $0.7850, a break opens $0.7865/72
(Oct5 high, 21-dma). Aussie last $0.7838
*Main focus today on key US CPI & Retail Sales data, released at 1230GMT.

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