FXStreet (Guatemala) – Analysts at ANZ noted that AUD/USD pushed back above USD0.72 as global sentiment continued to improve.
Key Quotes:
“The rise mirrored a more positive session for stocks, and a strong rally in industrial commodities. That said, the move was not driven by fundamentals. RBA Governor Stevens delivered a speech on the long term which had a relatively dour tone, while iron ore prices continued to slide, bucking the broader commodity trend. The CAPEX survey later this week remains the key domestic event.”
(Market News Provided by FXstreet)