Aussie opened at $0.9270 this morning and was troubled early by downbeat risk appetite and weighed down also by a lower open in regional stocks and some profit-taking in aussie-kiwi cross. Aussie-dollar slipped to a $0.2962 low in early dealings and found little relief after the release of the NAB’s March business survey results, which triggered a mild move back up to $0.9277. The recovery move picked up pace later in the morning amid talk of bids below the earlier low from $0.9260/55, which helped to contain the downside. Aussie-dollar then rode on the broader US dollar pullback to anafternoon high of $0.9290. Aussie-dollar was last at $0.9287 with demand still in place from $0.9260/50 and further demand then noted toward $0.9200
