By John Noonan — May 09 - 09:40 PM
AUD/USD traded down to 0.6911, as risk assets in Asia under heavy pressure
The AXJ equity index in over 2% lower while Dalian iron ore has slid 6.5%
AUD/USD doesn't find support until the 50% of 0.5510/0.8007 @ 0.6768
AUD falling against all major currencies as investors seek safe-haven
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Source:
Refinitiv IFR Research/Market Commentary