DislikedBernake's statements made have played a part, but I think their were alot of other factors as well. Firstly, China unexpectely cut interest rates which says they are concerned about growth and with China being the Aussies biggest trading partner that had to have an impact. Moreover, the BPS cut of .75 over the last two meetings, I don't believe was fully priced in and big money understands that it simply not worth what it once was and was looking for a place to sell from .9733 from Sunday. Even with the good fundamental numbers coming out this week...Ignored
Shapeshift greed and catch em' off guard