The early risk-on sentiment carried aussie up from its opening level of $0.9672 to a high of $0.9676 in early Monday trades but the pair soon gave up those gains as the US dollar held a broadly positive tone through the start of the new week so far. Aussie-dollar briefly found some support at $0.9660 as Japanese stocks opened high but resumed falling soon after to a $0.9643 low just as dollar-yen also hit its initial highs. Aussie-dollar then rebounded as gains in regional stocks further supported risk-taking activitiesand also as aussie-yen gained in unison with other yen crosses. Aussie-dollar managed to trade close to its early highs ahead of the start of the European session, and was last at $0.9676, barely changed from its Friday close of $0.9677.
