Dan Deming discusses the Australian Dollar pulling back from a 2.5-month high, dropping 0.25% to trade around 0.7085. He highlights how slight U.S. dollar strength and selling pressure across commodity markets—particularly in copper, gold, and silver—are influencing the Aussie. Despite short-term hesitation and broad FX weakness hitting the New Zealand and Australian dollars hardest, Deming notes the general uptrend since June remains intact.