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*Oct9 Aussie-dollar opened...........>
AUSSIE SUMMARY: *Oct9 Aussie-dollar opened $0.7771, range $0.7750 to $0.7782
*Aussie opened in Asia toward the upper side of Friday's $0.7733 to $0.7798
range, where after being on the front foot for most of the session, the dollar
pared back gains late in the piece on geopolitical risks amid concerns that N.
Korea may be preparing another missile test.
*Aussie dropped from the open to $0.7750 in early trade, the move was in
sympathy with the lower kiwi. The drop proved short-lived, the pair moving
smartly back to around $0.7770
*Regional bourses opened in positive territory and provided a modest risk-on
feel, the Aussie moved higher to $0.7782 before fading.
*Softer Caixin China composite/services PMI pushed the Aussie down from $0.7777
to $0.7765. However, weaker data was countered by buoyant commodity prices,
copper, steel and zinc all up between 1.5-3.0%.
*For the balance of the session the Aussie consolidated within a tight $0.7770
to $0.7782 range
*Resistance is seen at $0.7787 (100-dma), while hourly low is seen at $0.7750
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