Apologies about no reports this week, I've been battling with a nasty cold and lost phone which has really put me behind the 8-
The Aussie dollar has clawed marginally higher again overnight along with commodities which had a bumper session. Iron Ore, Nickel, Copper and Gold all made gains while AUD/USD seemingly cemented itself in the 75's at least for the time being. With little data out today and another quiet session internationally this evening it appears the Aussie will likely just keep on keeping on and for the time being that probably only means higher.
The local economic data starts to flow in tomorrow with CPI and inflation figures due at 11.30am.
DATA RELEASES TODAY:
No data today
AUD EXCHANGE RATES:
AUD/USD – 0.7524
AUD/GBP – 0.6005
AUD/EUR – 0.7012
AUD/NZD – 1.0476
AUD/JPY – 85.404
***Above rates are indicative wholesale rates and intended as a guide only***
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Senior Corporate FX Dealer
Phone Patrick - 0431 278 632