The Australian Dollar (AUD) was strong breaking above 0.9700 as the risk asset of choice pushed higher. AUD/JPY buying and AUD/NZD strength helped lift but by far the biggest support is the ongoing speculation that Tuesday&rsquo s RBA meeting could result in another rate hike. Overall the AUD/USD traded with a low of 0.9637 and a high of 0.9750 before closing the US session at 0.9725.
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