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Aug 31 - 11:55 PM

AUD/USD - Weak Headline Aus Capex Adding A Bit More Weight On AUD

By John Noonan  —  Aug 31 - 09:45 PM
  • AUD/USD at session low below 0.6810 after weaker than expected Aus Capex nAZN0HPROA

  • AUD/USD has been under pressure all morning due to risk-off mood in Asia

  • Global slowdown concerns weighing on key commodities important to Australia

  • Australia miner BHP plunged nearly 8% at one stage this morning nL4N30745X

  • AUD/USD support at 76.4 of 0.6682/0.7136 move at 0.6778

  • A break below 0.6775 opens the way for a test of the year's low at 0.6682

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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