Aussie was carried higher at the open following the weekend release of China’s CFLP PMI, and traded $0.9114 after it had ended Friday’s US session at $0.9108. It continued to edge up to $0.9136 in the early hours of Monday’s session but took a blow from a rise a fall in aussie-kiwi cross after some strong NZ trade data. Aussie-dollar fell to a $0.9108 low but rebounded as risk sentiment improved with a positive open in Asian regional stocks. Aussie-dollar reached $0.9136 again after the release of Australia’sbuilding approvals data and extended those highs after China’s HSBC final PMI reading. Aussie-dollar peaked at $0.9163 in mid-morning and has seen only marginal retreats off that high to $0.9137. Aussie-dollar was last at $0.9156, ahead of buy-stops just ahead at $0.9180 and stronger sell orders further up at the $0.9200/05 region.
