AUD/USD -0.15%, extends fall in Asia after 0.65% fall Thu on risk aversion

Global growth concerns, geopolitical tensions hit risk; Nikkei down 5%

Weak U.S. manufacturing activity, soft labour data spark talk of recession

Fear that Fed is behind the curve in cutting interest rates weighs on risk

Floundering Chinese economy, weak commodities, carry trade unwind hit AUD

Friday U.S. NFP and RBA rate decision Tuesday next risk events

RBA to hold rates steady in Aug; first cut seen in early 2025-Reuters poll

Support 0.6480, 0.6565, res 0.6520-25, 0.6540-50; Thu range 0.6560-0.64895

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