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AUD/USD rises back to 0.9300

FXStreet (Córdoba) - The AUD/USD gained momentum during the American session amid risk appetite and climbed back above 0.9300. After Wall Street closing bell continued to advance and currently trades at 0.9305, 10 pips below Thursday’s highs.

Earlier the AUD/USD peaked at 0.9312, the highest price in a week and then retreated but found support above 0.9270. Afterwards bounced back toward 0.9300.

AUD rises across the board

The Aussie was among the best performers on Thursday. Against its neighbor, the Kiwi, reached the strongest price since December 2013. The AUD/NZD broke above 1.0900 and jumped to 1.0981.

Wall Street resumes rally; NASDAQ over 3% up in May

The US stocks market rallied for fifth day in the last six on Thursday as investors are digesting the first negative growth in the United State in three years.
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