Hans Nilsson, FX strategist at CMS Forex: “The AUD/USD advanced following three days of consolidating the 25-year high of $0.9848 set last week. The pair rose despite lower-than-expected Q2 Australian producer-price inflation. The market focused on positive growth aspects for the Australian economy. If the Reserve Bank of Australia does not need to raise interest rates further to curb inflation, that will be positive for Australia’s economic growth outlook. There is strong support in the $0.96-area.”