Looks like that one’s gone with a high of $1.0951 according to Reuters. Seems to me like that was a trigger hunt with little excitement on the commodity/equity front and the fact that it turned back with no follow through.
On the other hand there is a feeling that ozzie should be playing catch up on the loonie and kiwi which have outshone in recent sessions.
Next target above is the 1.1012 high of May2
Ozzie’s around 1.0945