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AUSSIE SUMMARY: Aussie-dollar: Sep28 close $0.7853, Sep29 Asia range $0.7837-86,
*Modest US dollar strength led by dollar-yen, pressured into Asia, Aussie
slipped from $0.7858 to $0.7844 in early dealings
*As US TSY futures opened firmer and ore/steel futures opened weaker, rate
drifted to $0.7838
*Aussie continued defensive into Europe, rate touched extended pullback lows of
$0.7834 before dip buyers cushioned falls
*Cross-play dictated price action for the balance of the morning session with
aussie held to a very narrow 20 pip range
*Month-end flow to provide the direction ahead of NY. Bids remain on approach to
$0.7800, the level also holds technical support from the daily cloud base.
Aussie last $0.7831.