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Aussie-dollar: Sep25 close...........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Sep25 close $0.7885, Sep26 Asia range $0.7857-89,
Europe $0.7836-71
*Modest dollar strength, led by dollar-yen, pressured the Aussie to $0.7871 in
early Asia
*News that Roy Moore had defeated Trump-backed Luther Strange in the Alabama
Republican Senate primary triggered fresh dollar sales, rate pared losses to
$0.7889 before fading
*Toward the end of the session, Aussie dropped from near $0.7880 to $0.7862,
Aussie-kiwi supply was said to be the catalyst, with recently established longs
trimming positions ahead of the RBNZ policy meeting
*Aussie opened flat in Europe, early dealings were reported light tied to a
narrow 10 pip range
*Persistent dollar demand linked to firming UST yields started to add weight,
rate moved through $0.7850, extended to $0.7836 before fading
*Main focus today on President Trump's speech on tax reform in Indiana at
2100GMT. Aussie last $0.7841.

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