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AUSSIE SUMMARY: *Dec13 aussie-dollar open $0.7558, range $0.7553 to $0.7581
*Aussie opened in Asia toward the upper side of the $0.7519 to $0.7580 range
witnessed yesterday, where M&A activity was seen to underpin the Aussie, with
news that Unibail-Rodamco, a French owner of shopping malls, had agreed to buy
Westfield for A$32.7bn, of which around 35% will be paid in cash.
*Aussie consolidated within a $0.7553 to $0.7578 range for the majority of the
*News that Democrat Doug Jones had defeated Republican Roy Moore in Alabama's
Senate election caused a brief bout of dollar weakness, aussie inched higher
from near $0.7572 to $0.7581 before fading
*Dips were then held to $0.7568 and approaching the opening of European markets
trades at $0.7575.
*US CPI and FOMC provide the main event risks for the session ahead