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Aussie-dollar: Oct23 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Oct23 close $0.7804, Oct24 Asia range $0.7806-25,
Europe $0.7774-0.7819
*Corporate demand reportedly helped lift the Aussie higher from around $0.7808
to $0.7819 in early Asia. Base-metal futures also underpinned, Shanghai steel
+1.65%, copper +0.5% and coking-coal up 0.65%
*The move extended slightly to $0.7825 on Aussie-kiwi demand following some
perceived negative kiwi remarks made by NZ PM Ardern
*As recovery efforts held shallow into Europe, early dollar demand took out the
reported corporate bids through $0.7800
*The break triggered fresh momentum supply, aussie crosses (aud/jpy) added
weight to $0.7779
*A period of consolidation followed, before another wave pressured to extended
pullback lows of $0.7774
*Support is seen at $0.7771 (Oct11 low), light stops noted on a break of $0.7750
(Oct10 low). Aussie last $0.7778.

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