This via Westpac (@Robert__Rennie) today on the Australian dollar
- Top end of Westpac A$ 'fair value' range hits 0.7025 which is high back to Jan this year
- meaning the A$ is still above 'short term fair value' but only just as iron ore price rises sharply narrowing the deviation to smallest in 8 weeks
- Midpoint still sits at 0.67
