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Aug 15 - 10:55 PM

AUD/USD - Downward Pressure Increases As 0.6450 Gives Way

By John Noonan  —  Aug 15 - 09:20 PM
  • AUD/USD below 0.6450, which held on Monday and Tuesday

  • Risk currencies getting sold in gloomy start to the Asian session

  • Nikkei down 1.0% while the Australian ASX 200 down 1.5%

  • AUD/USD to remain under pressure while China economic concerns persist

  • AUD/USD support at the 76.4 of the 0.6170/0.7158 move at 0.6403

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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