Upwardly mobile Aussie-Dollar extends gains by 41 pips; closes session 0.62% higher

A quick look at yesterday: AUD/USD rallied 41 pips (0.62%) deep into the session, closing at 0.6659.

At the same time, Australia CFTC AUD speculative net positions released yesterday at 20:30 UTC with a figure of -39,400, while the previous figure was -49,600. United States Core PCE Price Index (YoY) (May) came out at 4.6, while a consensus of analysts was expecting 4.7. United States Core PCE Price Index (MoM) (May) released yesterday at 12:30 UTC with a figure of 0.3, while the previous figure was 0.4.

Other currencies are also rising as NZD/USD went up by 1.14% yesterday, and closed at 0.6138. Notably, GBP/USD rose 0.69% yesterday and closed at 1.261.

At the same time, after ending yesterday's session at 1.79, EUR/NZD lost 123 pips and is trading around 1.7776.

As things stand, the Australian dollar is 10.04% away from a significant high of 0.7356, first set 8 months ago.