By Robert Howard — Apr 14 - 04:09 AM
• AUD/USD hits 0.6331 after extending north from 0.5910 (April 9, 5-year low)
• 0.6331 is highest level since April 4 (0.6332 was high that day)
• Rise to 0.6331 fuelled by USD selling amid loss of confidence in U.S. assets
• Offers may emerge pre-0.64 if ascent extends (0.6389 was April 3 high)
• Minutes from April 1 RBA meeting due 0130 GMT (RBA rate cut expected in May)
• Aussie election May 3: poll says Labor could retain power with slim
majority
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters