The Australian Dollar (AUD): The AUD traded lower with the broader sell off in emerging and high beta currencies. U.S Durable data was relatively good, keeping the USD upside bias. The AUD only managed to touch 0.9300-05 area and dropped back down to a low of 0.9251. Relative quiet day for the AUD and NZD as its a public holiday, therefore, most of the movements for today on this pair would be from USD strength/weakness.
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