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Thomson Reuters
Oct 05 - 06:12 AM
AUD/USD - REFILE-BUZZ-AUD/USD Drops To Fresh 32-Month Low Amid Risk Aversion
First appeared on eFXplus on Oct 05 - 04:25 AM

Corrects links in second and third bullets

  • AUD/USD down to 32-month low four pips shy of 0.7050 in early European trade
  • 0.7050 is an option barrier level. 0.7062-0.7084 was Asia range
  • AUD weighed down by risk aversion: Nikkei closed down 0.8 pct nL4N1WL1PZ
  • LME copper price down 1.75 pct. AUD is also a liquid proxy for China risk
  • See: . AUD/USD high in Asia = pip shy of Sept low
  • Pence accuses China of 'malign' campaign to undermine Trump

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

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