AUD/USD scales intra-day peak of 0.7435 after rallying off 0.7405

0.7405 was early Europe intra-day low, following AUD-negative M&A news

AustralianSuper launches NZ$5.37 bln takeover bid for Infratil nL4N2IO1TZ

0.7411-0.7429 was Asia range nL1N2IO074. 0.7374-0.7453 was Monday's range

See: nL1N2IN2QB. 0.7453 = high since Aug 2018 (0.7449 was last week's top)

Monday's rise to 0.7453 was aided by copper rise to 8-year high nL1N2IO0AE