Aussie was also whipped around by news out of the US on debt limit negotiations, as it slipped to an early low of $0.9499. Hopes of a resolution powered a relief rally in risk assets and aussie-dollar rebounded despite the US currency also climbing against the yen and other Asian currencies. Aussie-dollar found modest buying interest near the lows at $0.9500 and was then carried up to $0.9543, just about matching the overnight $0.9540 high before sell orders surrounding a rumored $0.9550 barrier then capped themove. Aussie-dollar has since consolidated in the middle of its Asian session range, and was last at $0.9526 as the market awaits further news out of the US. Offers and stops are said to still be in place at intervals, from $0.9550 and $0.9580, ahead of another rumored barrier at $0.9600
