AUD/USD Rallies as Dollar Weakens: Is the Recovery Sustainable?
AUD/USD extended its upside momentum today, climbing above 0.6370, as the USD weakened across the board. The move marks a solid rebound from the sharp April dip, with the bulls now eyeing a break above the 0.6400 handle, a level that has capped several recent advances. Stronger Australian trade data and resilient commodity prices, both…