By guest contributor Stuart Talman, Director of Australian Sales, XE.com
Another week passes with the Australian dollar confined to the range that has constrained price action for the past 4 months. And whilst the current range supports AUDUSD sitting above 70 US cents, the currency continues to favour a downside bias as levels above 0.7150 proved elusive for Aussie dollar bulls. The early stages of last week saw an improvement in investor risk sentiment with US equities and commodity...