The antipodean currencies have been on a steady upswing since the start of US trading.

AUD/USD touched 0.8755 from as low as 0.8706. The kiwi is even more impressive at 0.7810 from 0.7736. A broad wave of US dollar selling is part of the story.

The Asia-Pac highs of 0.8767 in AUD/USD and 0.7831 in NZD/USD are now the focus.