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AUD/USD grinds higher as early US participants return

The commodity currencies have fared pretty well since earlier this morning. The USD/CAD is now lower, after earlier flirting with its 200 day moving average (now at 1.3463). It has fallen back to around 1.3425 since and the AUD/USD has been grinding higher too. The Aussie has just now reached a session high at 0.6488. The AUD/USD closed in the US last night at 0.6454. It has been a steady climb from the earlier session low at 0.6448. The 0.6500 handle might hold some resistance, if this move extends a bit more. The US dollar more generally has lost ground and that has helped both the CAD and the AUD to advance at the same time as the EUR/USD holds a slow grind back above 1.07 just now. The AUD/USD is currently trading at 0.6485

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