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Aussie-dollar: Oct31 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Oct31 close $0.7655, Nov1 Asia range $0.7648-69,
Europe $0.7657-89
*Aussie-kiwi supply after the upbeat NZ Q3 Labour report pushed the Aussie lower
from $0.7662 to $0.7648 in early Asia. Once that interest subsided, the Aussie
drifted back to $0.7660
*Dips were then limited to $0.7650, stronger commodity prices outweighed firmer
UST yields, Shanghai copper +1.3%, Zinc 1.6% and Dalian ore up 1.7%. Aussie
edged higher to $0.7669 before fading
*Minor pullback into Europe encountered willing dip buyers ahead of $0.7655,
rate was quick to pare losses to consolidate $0.7675/80
*Persistent demand via the crosses (predominantly eur-aud/aud-yen) supported,
aussie touched highs of $0.7689
*Offers are reported at $0.7700 ($0.7696-99 200-dma, Oct31 high). Aussie last
$0.7681

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