The UK is almost certainly not going to vote to leave the European Union. The so-called “Brexit” outcome has been scuttled. That’s clearly the view being expressed by Australian dollar traders early on Thursday morning with the AUD/USD now sitting comfortably above the 75 cent level, having traded as high as .7527 in overnight trade. As at 7.50am AEST, the AUD/USD now sits at .7524, a full one cent above Wednesday’s opening level. It now sits at the highest level seen since early May, extending the gains from late May to over 5%. If there was ever a sign that investors think a Brexit is off, this is it. The ... (full story)