Attracting substantial interest the Australian Dollar tracked notably higher intraday yesterday. Reaching an eventual one-month peak of 0.

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Whilst a marked slow-down from the 1. Given the softness of the Greenback which has offered additional support, the Australian dollar has been on a tear over the past 24 hours, opening 0.

Overnight, the Kiwi has moved sideways against the greenback, unable to hold on above 0. Trading slightly lower today at 0.

Currently trading at 0. The Great British Pound rose to its highest level in two-weeks as the latest polls see the Conservative party leading the race against Labour in the upcoming British election. According to a YouGov poll the gap vs Labour is still very close and claims of a hung parliament is unsettling for the Sterling at the present time.

With the approach of key risk events in the UK and the US with Former FBI Director Comey set to testify before the senate, markets will be closely watching Thursdays events unfold.

The US dollar has lost more than 1. We now expect support to hold on moves approaching On the data front, yesterday Japanese leading index declined to a five-month low in April according to preliminary estimates down to Looking ahead today all eyes will be ozforex australian dollar the Japanese final Q1 GDP figures, with expectations for a quarterly growth of 0.

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