The Australian Dollar (AUD) the Aussie came under heavy selling pressure on the back of being directly related to the weak Chinese news. Any mention that the Asia heavyweight would be cooling down hurts sentiment towards the commodity currency. Overall the AUD/USD traded with a low of 1.0524 and a high of 1.0652 before closing the day at 1.0550 in the New York session. Looking ahead, Bank Holiday.
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