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AUD/USD Firmer, To Struggle Above 0.9800

Forex News AUD/USD firmer as commodities prices rise, with oil in particular gaining on tropical storm fears in Gulf of Mexico. Lehman Brothers chief economist Stephen Roberts expects pair to "make heavy weather" above 0.9800 but to remain supported around 0.9740 ahead of 2Q CPI due tomorrow. Notes risk CPI will be touch lower than consensus. "If it's at expectation or below, then you could see the Australian dollar come back just a touch." AUD/USD last 0.9773, from 0.9757 late yesterday.




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