The AUD is rising due to increasing commodity prices. The scary thing there is that technically commodities are in a depression (per the US commodity price index), and depressions have historically bene broken by wars (Napoleonic, US Civil, WW1, Cold). We currently have a war and guess what is happening to commodities? A long way to run yet imho.
BYE Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held