The Australian Dollar (AUD) was helped off lows on a combination of positive Greece/Brazil upgrade news and a strong move higher in commodities. A rally in stocks markets from here could see the 1.0700 level come back into target. Overall the AUD/USD traded with a low of 1.0495 and a high of 1.0618 before closing the day at 1.0605 in the New York session. Looking ahead, June RBA Meeting Minutes.
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