The pair opened at $0.9348 after gaining to a $0.9393 high during the US hours last night, benefiting from the euro’s weakness through a drop in euro-aussie cross. The aussie encontered some early selling pressure this morning, largely a consequence of a broader US dollar rise, and aussie-dollar slipped below the US low of $0.9340 to trade $0.9333. The aussie recovered a bit as the euro continued to face selling pressure with aussie-dollar then regaining some ground back to $0.9351. But that has so far marked the extent of the aussie’s moves this morning as the euro take the spotlight and with US non-farm payrolls data serving as the main event risk for the global session today.Aussie-dollar eased again later in the Asian session amid talk of sellers at $0.9400 and was last traded at $0.9339. For now, $0.9310/00 may hold on the downside if market interest remains as muted. Initial support is noted in the $0.9305-30 region today with stops noted below $0.9320 and $0.9300
