The Australian Dollar (AUD) reacted negatively to the risk aversion and broke below the key 1.0500 level threatening bigger pullbacks in coming days. AUD/JPY selling is beginning to weigh heavy after be a source of solid support in the recent run up to record highs. Overall the AUD/USD traded with a low of 1.0452 and a high of 1.0575 before closing the day at 1.0460 in the New York session.
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