// COMPARE

The Aussie firmed to 0.7176, near its 12-month high, riding the risk-on tech tape and a firmer oil price.

AUD is tracking equity risk appetite and the commodity bounce more than rate spreads in the current regime.

0.7200 is the key resistance; a hold above keeps the uptrend intact, with 0.7120 as first support.

The S&P 500 notched another record close at 7,610, up 0.1%, as a powerful chip rally outweighed an oil spike and the crypto rout.

AI is doing the heavy lifting and breadth is narrow, with semiconductors carrying the index higher.

Sustaining records needs follow-through from mega-cap tech; Friday's NFP print is the next macro test.