AUD/USD up 60 pips to 0.7639
A turnaround in commodity prices and stock markets is helping to underpin a bid in the Australian dollar.
AUD/USD is up nearly a half cent and touched a two-day high of 0.7630.
Earlier today, RBA Governor Glenn Stevens jawboned the currency lower saying it "might be getting a bit ahead of itself."
AUD/USD fell as low as 0.7548 on fears after the Belgium terror attacks but quickly reversed the decline.
Bids:
- 0.7586 - US low
- 0.7551 - Intraday low
- 0.7534 - March 17 low
- 0.7500- strong demand, demand on approach
Offers:
- 0.7650 - medium
- 0.7680 - 2016 high
- 0.7700 - rumored barrier, stops
- 0.7739 - July 2015 high
- 0.7750 - strong offers