Another new daily high for the AUD/USD overnight, this time it stopped at .8847, but the dips are negligible really and the AUD looks like it’s going to continue to grind its way higher. The commodity market is still the main source of AUD buying and I suspect that there will now be a raft of options towards .9000 which is certain to attract the market.
Not much in the way of economic releases during Asian time.
Good luck today.
