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AUD/USD vs Crude Oil

Latest data from 2026-06-03

AUDUSD
Australian Dollar / US Dollar
0.7176
+0.17%
PAST
The Aussie firmed to 0.7176, near its 12-month high, riding the risk-on tech tape and a firmer oil price.
WHY
AUD is tracking equity risk appetite and the commodity bounce more than rate spreads in the current regime.
WATCH
0.7200 is the key resistance; a hold above keeps the uptrend intact, with 0.7120 as first support.
USOIL
Crude Oil (WTI)
93.76
+1.74%
PAST
WTI jumped 1.7% to $93.76 as fresh Middle East hostilities and Strait of Hormuz risk revived the supply premium.
WHY
Geopolitics, not demand, is driving crude — and an oil spike complicates the inflation picture the Fed is already watching.
WATCH
$95 is the next resistance; de-escalation headlines could quickly unwind the premium back toward $90.
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