Aussie traded with slight weakness amid abbreviated sessions in Australia and New Zealand today on Christmas Eve. Aussie-dollar started the day at $0.8934 and moved down to $0.8923, where a mild bounce was then seen as minor demand from $0.8920 carried the pair back up. It held around $0.8935 for a while and then deflated again as Asian trade got fully under way. Aussie-dollar fell to $0.8916 around mid-morning before then extending the lows down to $0.8910 in the late morning in very thin liquidity conditions, weighed down in part by a softening in Chinese money rates, dealers said. Aussie-dollar was last at $0.8911, with further sideways trading expected for the aussieduring the rest of the global session today with little action also expected on the crosses. The $0.8994 level remains key resistance for the aussie with a close above needed to hint at a bigger correction.
