AUD/USD swings back higher with commodities, beyond 0.7200

AUD/USD seems to have regained lost ground and erased a half of yesterday’s massive losses as markets ignored Shanghai bears in early moves with Aussie bouncing along with rebounding oil and metals prices.
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WTI rebounds from multi-yr lows, attempting $ 39

WTI oil on NYMEX appears to stage a solid comeback from more than 6 year lows reached on Monday after massive equities sell-off in China spooked markets and hammered the entire commodities space lower.
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