IMF chief Strauss-Kahn is on the wires with upbeat comments on the global recovery. He says the recovery may start earlier than the first half of 2010 that the IMF had been forecasting.

He looks to be right, and the clearest beneficiaries of the early recovery are the commodity currencies, though that theme is not exactly fresh at this stage.

Traders note solid selling above the market in AUD/USD from around the 0.9350 level while Kiwi offers are closer to market at 0.7580.