FXstreet.com (Córdoba) - Dollar weakness remains intact across the board. On the other side the Australian Dollar is rocketing today. During the American session AUD/USD jumped from 0.9230 to 0.9325 posting the highest price since august 4 of 2008.
The pair was rejected from levels below 0.9200 and recovered sharply. Aussie posted fresh highs for the year in the last seven sessions in a row. The pair trades at 0.9215/20, 0.83% above today's opening price.
The rise in commodities is helping the Aussie. Gold is rising on a weak Dollar and currently trades at $1,063 a/oz after rebounding at 1,048.