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Recovery efforts hold shallow in early NY,...>

AUSSIE
AUSSIE: Recovery efforts hold shallow in early NY, Aud/Usd sits near the base of
its $0.7515-70 daily range. Soft Trade data was the catalyst overnight which
spilled over into Europe with added weight via gold and the crosses. Traders
have suggested barrier interest in place at $0.7500, a break here is likely to
trigger stops, opening a deeper move toward $0.7457 (Jun6 low). Focus turns to
US Weekly Jobless Claims at the bottom of the hour. The level of initial jobless
claims is expected to rise by 2,000 to 240,000 in the December 2 post-holiday
week after a decrease of 2,000 in the previous week. Aud last $0.7517.
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