Don’t look now, but AUD/USD has broken through a series of highs in the 0.8470/80 area and has traded up to 0.8492. 0.8500 barriers are under threat and a good battle could ensue. EUR/USD is gapping higher as well in thin trade. Keep chinstraps buckled.
Upbeat comments from the Chinese finance minister are getting the credit.
UPDATE; 0.8500 has been cleared and stops were triggered as high as 0.8519. EUR/USD reached 1.4322.
It doesn’t get any easier, does it?