AUD/USD testing 0.8200

FXStreet (Córdoba) - AUD/USD climbed further at the beginning of the European session and reach a fresh daily high at 0.8201. The pair failed to rally above 0.8200 and pulled back, finding support above 0.8170.

The aussie is rising 0.78% on Thursday against the US dollar, having the best day in almost a month. Yesterday during the American session the pair bottomed at 0.8106, reaching the lowest price since June 2010.

Commodity currencies are rising against the US dollar on Thursday supported by risk appetite. In Europe, stocks prices are rising on average 2% while Wall Street futures point to a strong opening for US stocks.