By Rob Howard — Aug 13 - 05:35 AM
AUD/USD rises to 0.6609 as Nikkei's 3.5% gain buoys risk-sensitive AUD
0.6609 is highest level since July 24 (0.6605 was high Friday and Monday)
AUD/USD plumbed nine-month low of 0.6349 on Aug 5, when Nikkei fell 12%
US PPI data due 1230 GMT; headline and core are both forecast up 0.2% MM
Softer than expected US PPI prints might inflate AUD/USD towards 0.6650
Australia Q2 wage price index up 4.1% YY vs 4.0% forecast nAZN22BXYT
Source:
Refinitiv IFR Research/Market Commentary