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AUD/USD: consolidating just below the 0.80 handle, awaiting the next catalyst in Asia
Currently, AUD/USD is trading at 0.7995, down -0.01% on the day, having posted a daily high at 0.8023 and low at 0.7964. AUD/USD is consolidating back below the 0.80 handle in a volatile market today. The US dollar has caught a bid, but currently flat on the day in the DXY having been down earlier in the shift, trading between 91.988 - 92.375. The markets are fickle while risks appetite ebbs on the N.Korean risk while otherwise, the commodity sector is roaring (copper well bid +0.84%) and half the market is still looking for yield with the benchmark 10years higher today at 2.1029%, up + 2.10% on the session so far. ... (full story)