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AUD/USD looking weak as China equities wobble, RBA rate decision in focus

Pair retaining heavy tone in quiet FX trading ahead of RBA rate decision Market taking note of volatility on Shanghai Composite despite efforts to stabilize AUD vulnerable when China concerns come into focus for numerous…

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  • Pair retaining heavy tone in quiet FX trading ahead of RBA rate decision

  • Market taking note of volatility on Shanghai Composite despite efforts to stabilize

  • AUD vulnerable when China concerns come into focus for numerous reasons

  • RBA expected to stand pat, but any comment regarding China will hold interest

 

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Major Pair Currency Score: AUDUSD Bearish

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