Aussie slips vs firmer USD, at week high vs euro

--------------(Snapshot at 8:15 a.m./2215
GMT)------------------ FOREX (vs Late Sydney) DEBT FUTURES
(Night Session) AUD= 0.9595 (0.9617) 90-DAY YBAc1
(SEP) 92.130(92.140) AUDEUR=R 0.6114 (0.6061) 3-YR
YTTc1 (SEP) 93.235(93.205) AUDJPY=R 102.46 (102.05) 10-YR
YTCc1 (SEP) 93.530(93.485) AUDNZD=R 1.2684 (1.2647) US
10-YR US10YT=RR 3.99 (3.97)
----------------------------------------------------------------
AU$S/Term range *Support *Restance *RSI-14 *MA-10 *MA-20

*0.9330/9670 *0.9450 *0.9670 *56.021 *0.9580 *0.9515
--------------------------(July
4)------------------------------

* Australian dollar's offshore range roughly
$0.9583/$0.9631.

* The Aussie fell against a U.S. dollar that gained broadly
after U.S. jobs data came in broadly in line with expectations
and as investors took remarks on interest rates by European
Central Bank (ECB) chief Jean-Claude Trichet as less aggressive
than expected.

* The U.S. Labor Department said on Thursday that 62,000
nonfarm jobs were shed last month, with the unemployment rate
steady at 5.5 percent. Analysts polled by Reuters had expected
the economy to shed 60,000 jobs in June. [ID:nN03454467].

* The ECB raised rates, as expected, to their highest in
nearly seven years on Thursday, but dimmed the prospects of
further moves with growth in the region seeming to ease.
Trichet said there was no policy bias now and the new rates
would help in stabilising prices in the eurozone.
[ID:nL0323441].

* After the comments, the Aussie bounced against the euro
to a one-week high of 0.6122 euro AUDEUR=R, up from 0.6061
euro late here on Thursday. Markets are still pricing in around
a 70 percent risk that the Australian central bank will lift
rates in the next 12 months.

* The Aussie also rose against the yen, drawing support
from better risk appetite after stocks on Wall Street rose on
relief that the jobs data was not as bad as many had feared.
The Aussie was at 102.45 yen AUDJPY=R, up from 102.05 yen
late here on Thursday.

* The CRB commodities index .CRB was down 0.24 percent,
but oil prices continued to climb. U.S. oil CLc1 settled up
$1.72 at $145.29 a barrel, after earlier hitting an all-time
intra-day high of $145.85.

* Copper hit fresh peaks, but gold eased as the U.S. dollar
rallied. Spot gold XAU= was at $932.85/934.85 an ounce in
early Asian trade, barely changed from New York's last quote of
$932.70/934.70 on Thursday, when it lost 1 percent over the
previous day.

* Australian bonds were firmer, taking their cue from U.S.
Treasuries. Treasuries rose after the jobs data underscored the
view that the U.S. economy was slowing and boosted expectations
that the Federal Reserve was unlikely to raise interest rates
in the short term.

* Three-year bond futures YTTc1 were indicated 0.02
points higher at 93.235 while the 10-year bond contract YTCc1
rose by 0.025 points to 93.53.
(Reporting by Anirban Nag; Editing by Jonathan Standing)