AUD/USD climbed above the 0.7000 round figure for the first ti | XAUUSD (GOLD) PIPS SCALPING

AUD/USD climbed above the 0.7000 round figure for the first time since August 2022. Risk-on trading, US Dollar weakness and hawkish Reserve Bank of Australia (RBA) expectations keep the Aussie pair afloat near 0.7000. The NZD/USD pair also advanced in tandem and briefly recaptured the 0.6400 level while USD/CAD dropped to test 1.3350 after facing rejection at 1.3400 even though the WTI price failed to hold above the $80.00 mark. The US oil ignored upbeat comments from UAE Energy Minister Suhail al-Mazrouei delivered over the weekend.