AUD/USD Drifts Below 0.71 After Resistance from 0.72
The Australian dollar has tumbled below US71c in offshore trade as a broad commodities sell-off afflicted the local currency. At 7am (AEST), the unit is trading at US70.91c, down sharply from US71.52c yesterday. The currency dipped as low as US70.56c, before gaining ground near the end of the US session as stocks pared losses. The …
AUD/USD Drifts Below 0.71 After Resistance from 0.72 Read More »