Aussie started the Asia-Pacific session at $0.9551 and got an early lift to its morning high of $0.9569 as the market digested news of an impending debt limit deal. Aussie-dollar then turned lower as the US dollar gained on news that Senate lawmakers had passed the bill. Aussie-dollar sank to $0.9536 soon after and showed little reaction to NAB business confidence data and Chinese FDI data, while profit-taking in aussie-yen also dragged the aussie down with it. Aussie-dollar attempted another rebound in the mid-morning as risk appetite improved following confirmation that the US debt deal would pass the House vote, aussie-dollar climbing to $0.9563 before running out of steam again. Aussie-dollar traded a fresh session low of $0.9527 before another smallrecovery to $0.9540 followed. The pair was last at $0.9542.
