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Jul 27 - 05:55 AM

AUD/USD - Extends South As Hang Seng Index Plunges

By Rob Howard  —  Jul 27 - 03:35 AM
  • AUD/USD drops to 0.7341 (intra-day low) as Hang Seng index losses widen

  • See: nB9N2OJ00T. AUD is widely viewed as a proxy for risk appetite

  • China stock losses fuelled earlier decline to 0.7363 nL1N2P30E7

  • SSEC closed down 2.5%, with CSI300 closing down 3.5% nAZN01FPE3

  • USD/CNH jumps through 6.50 to three-month high nL1N2P30GD

  • Bids may emerge around 0.7332 (Monday's low) if AUD/USD falls further

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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