There’s been some pretty persistent buying this morning from corporates, Asian commercial banks and some European banks to name but a few.
Ozzie’s up towards offers around 1.0620, just ahead of moving average resistances at 1.0628/33 (55/50 day)
Talk earlier of bids 1.0565/75, with sell stops down through 1.0560 ahead of better bids at 1.0550.