// COMPARE

AUD/USD rallied to 0.7166 (+0.47%), the best G10 performer as oil-stress easing lifted commodity currencies and the dollar's geopolitical bid faded.

Aussie trades as a risk-on / China-proxy basket — with S&P 500 at fresh records and Hormuz tail risk fading, the pair gets a clean tailwind. RBA hawkish hold last week still underpins.

China PMI data over the weekend is the next test. Resistance 0.7200 (psychological); support 0.7120. A risk-off reversal on fresh Iran headlines could quickly reprice the entire move.

ETH eased to $2,007 (-0.76%), underperforming BTC even as Standard Chartered reset its 2026 prediction with the AMZN-after-dotcom analogy. Stablecoin-arms-race headlines didn't move the spot tape.

ETH is stuck between a bullish institutional narrative (Standard Chartered, stablecoin growth) and weak short-term flow. The dot-com analogy is a long-cycle story; price action is a near-term liquidity story.

$1,950 must hold to keep the constructive structure. Stablecoin regulation headlines and any spot ETF inflow surprise are the catalysts. Above $2,080 reopens $2,200.