The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).

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The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

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The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

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The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

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The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).

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