The pair started this morning’s session at $0.8078 and found some interim support off $0.8065 despite the euro’s sharp falls. Aussie-dollar edged up to $0.8093 but fell back again after the release of the Australian manufacturing index for Dec., which showed a fall back into contraction. From there, aussie-dollar extended the lows through the 2010 low at $0.8068, to $0.8053 as the euro continued to stay weak and as yen crosses also retreated. Aussie-dollar however bounced off that low as demand appeared from around $0.8050. The bounce saw aussie-dollar climb back up to hit a fresh high for the morning at $0.8106 before the move ran out of steam again. Aussie-dollar then slipped back toward the morning lows to last trade at $0.8060, with those earlier reported demand interest at $0.8050, linked to a barrier there, providing support for the moment, with further bids then noted toward $0.8600.
