AUD/USD: pressing higher – ANZ

By FXStreet 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.”
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Source:: FX Street