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Market News Topics
October 10, 2017 09:19 GMT
Aussie-dollar: Oct9 close $0.7755,...>
AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Oct9 close $0.7755, Oct10 Asia range $0.7750-90,
Europe $0.7775-97|
*Aussie opened flat in Asia, early dealings were seen light tied to a narrow
$0.7750-60 range
*Japanese investor demand in Aussie-yen surfaced, rate climbed from the
mid-$0.7750's to $0.7790 before easing
*Improved Nab Business confidence also helped sentiment, September's Business
confidence came in at 7, up from 5 in August while Business conditions were
unchanged at 14
*Minor pullback encountered fresh dip buyers ahead of $0.7780 into Europe. Rate
squeezed to $0.7797 but with lack of follow through triggered light profit take
sales off the high
*Rate was quick to pare gains, touched pullback lows of $0.7775 but soon faded.
Aussie last $0.7779.
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