*Nov2 Aussie-dollar open $0.7676,....>

AUSSIE SUMMARY: *Nov2 Aussie-dollar open $0.7676, range $0.7673 to $0.7726

*Aussie opened in Asia toward the middle of the $0.7648 to $0.7696 range

witnessed yesterday, where broad-based US dollar strength was largely offset by

rising base metal prices, which rose up to 4.1% on the London Metals Exchange.

*Asia's response to reports that Powell was Trump's pick for Fed chair was to

sell dollars from the get-go, there was also angst over the Republican Tax Bill,

with some conjecture that corporate tax cuts may be only temporary and phased

out after a decade

*Aussie climbed from around $0.7675 to meet supply around $0.7700 from macro and

option names

*Dips were shallow and limited to $0.7689, another wave of buying also

encouraged by better-than-expected local Building approvals and Trade data

pushed the Aussie to $0.7720. Pullbacks were then held to $0.7709, another round

of buying took the Aussie to a session high of $0.7726 before fading slightly

heading toward the European open