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Feb 20 - 11:00 PM

AUD/USD - Breaks Below 0.6600 As Risk Hammered In Asia

By John Noonan  —  Feb 20 - 09:45 PM
  • Risk assets turned decidedly negative on coronavirus and global growth fears

  • No single news item behind risk selling, as was the case during US session

  • AUD/USD below 0.6600 - trading down to 0.6592 for a fresh 11-year low

  • S&P futures down 0.37% while AXJ equity index down 0.80%

  • There isn't any technical support in the AUD/USD within 200 pips









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Source:
Refinitiv IFR Research/Market Commentary

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