Risk-on sentiment lifts AUD/USD as AI optimism meets trade progress

Stock futures climbed during Asian trading, supporting risk-sensitive currencies like the Australian dollar as AI sector optimism combines with positive EU-US trade negotiations. AUD/USD gained 0.2% to 0.6575, benefiting from improved risk appetite and steady commodity prices. EUR/USD edged higher to 1.0955 amid constructive tariff talks, while GBP/USD advanced to 1.2860. USD/JPY retreated slightly to 153.40 as the safe-haven yen found mild support. The technology sector's renewed strength following positive AI-related earnings has bolstered equity futures, creating a favorable environment for risk assets. S&P 500 futures rose 0.5%, supporting commodity currencies. Traders are positioning for potential breakthrough in trade negotiations while monitoring tech sector developments. Near-term resistance for AUD/USD sits at 0.6590, with momentum indicators suggesting further upside potential if risk-on sentiment persists through the session.