The Australian Dollar is trading higher on Tuesday, following through to the upside following yesterday’s strong recovery rally. The move in the Aussie is being driven by weakness in the greenback and firmer commodity prices. Higher gold, crude oil and iron ore all helped underpin the Aussie on Monday. However, the size of yesterday’s move can’t be explained by the fundamentals. Some say it may have reflected position-squaring ahead of the release of the minutes of the last Federal Reserve meeting on Wednesday. Others weren’t certain why the move took place, chalking it up to the will of the traders. Sometimes these ... (full story)