The Australian dollar leads gains among the major bloc to day
According to the bank's head of FX strategy, Ray Attrill, the stronger-than-expected Chinese import figures seem to have helped the aussie today.
He also cites that risk sentiment has been buoyed by overnight news that Trump wants to reconsider joining the TPP (his latest tweet wasn't so positive though).
Meanwhile, Attrill highlights that the speculative market seems interested to bring AUD/USD to the upper end of the recent 0.7650 - 0.7800 range, after firmly rejecting the lower end of the range at the end of last week.
He also argues that the AUD is proving to be more risk sensitive than the NZD lately, so the positive turn in risk sentiment seems to have helped pull AUD/NZD back up after testing below 1.0500 yesterday - the first time that has happened since July last year.
