Aussie-dollar: Oct2 close $0.7835,...>

AUSSIE SUMMARY: Aussie-dollar: Oct2 close $0.7835, Oct3 Asia range $0.7830-75,

Europe $0.7849-68

*Aussie-dollar opened flat in Asia, early dealings were seen light tied to a

narrow $0.7830-40 range

*Soft UST yields then encouraged broad-based US dollar weakness, Aussie lifted

from the mid-$0.7830's to $0.7858

*The move extended to $0.7868 on demand from prop accounts. Stops were then

triggered above $0.7870 to print 0.7875 

*Minor pullback off the high eased to $0.7860/65, consolidation then took hold

for the balance of the session

*UST yields firmed into Europe triggering fresh dollar demand, aussie was

pressured to $0.7849 on the move but with lack of follow through encountered

willing dip buyers

*Recovery efforts remained shallow as main focus turns to US ADP (1215GMT) and

ISM Non-mfg (1400GMT) data for clearer direction. Aussie last $0.7854.