AUD bulls benefiting from relentless buying in gold, oil.
Improved risk tone amid easing of lockdowns globally underpins.
US dollar remains undermined by Powell’s warnings.
Fresh bids emerged near 0.6425 in European trading, allowing the AUD/USD bulls to re-attempt the 0.6450 barrier.
The main catalyst behind the renewed uptick in the resource-linked, the aussie, is seen as the fresh leg higher gold and oil prices. Gold refreshed 7.5-year highs above $1760 while WTI oil conquered the 31 mark after the European traders hit their desks and took cues from their Asian peers