Aussie started this morning at $0.9422, in the middle of the $0.9409 to $0.9445 range seen during the US session overnight. Overall trade in the aussie has been muted with risk sentiment seeing little improvement and thus weighing on the aussie after a tentative early high of $0.9427 today. The downside was however supported off a $0.9417 low and aussie-dollar made sporadic attempts higher, reaching a $0.9431 peak but getting no further beyond that amid a broader lack of trading interest. The boost the aussie received to start the new week from the better than expected China HSBC Flash manufacturing PMI hasn’t been enough to see fresh 2014 highs with sellers pushing the aussie lower in NY trading. Aussie-dollar continued to chop around within the early range since the late morning, and was last at $0.9425, just about where it had started the day.Offers at $0.9450 remain intact, stronger offers surround the $0.9500 barrier level, according to dealers. Immediate support seen at $0.9380/70. Stops remain above $0.9470 and below $0.9360 and $0.9300.
