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• NY opened near 0.7200 after 0.7223 traded in Asia, slide extended in NY
• US dollar, US & global yields rallied sharply after US August PPI report
• Brent oil rally above $107.70, WTI rally above $102.55 aided those rallies
• Drops in gold, silver, copper, equities & USD/CNH gains reinforced USD buying
• AUD/USD fell to a 6-session low, neared the 21-DMA, traded down to 0.7157
• Small bounce saw 0.7170 neared late, AUD/USD was down -0.69% in NY's afternoon
• Monthly doji, falling daily RSI, drop below 10-DMA are concerns for bulls
• US August CPI in focus, an above estimate result could
send AUD/USD lower
audusd

(Christopher Romano is a Reuters market analyst. The views expressed are his own)