EUR/USD made a push above the 1.4250 level, reaching 1.4257 while AUD/USD managed to break as high as 0.8212 before easing. Firm US equities helped fuel the last reach but they too have pulled back from session highs. Rumors of sales by the RBA were rumored with AUD above the 0.8200 level.
Lingering in the background are the reports from earlier in the session that Peru will diversify its forex reserves. This, combined with the overnight reports that China will make strategic investments in enegry and commodity producers using forex reserves, has painted a dollar-negative backdrop.
