The Australian dollar has been slammed

From businessinsider.com.au

The modest rebound in the Australian dollar came to a shuddering halt on Wednesday, falling heavily as global investor risk sentiment took a turn for the worst. Here’s the scoreboard at 8am in Sydney. AUD/USD 0.7045 , -0.0057 , -0.80% AUD/JPY 79.12 , -1.09 , -1.36% AUD/CNH 4.8788 , -0.0329 , -0.67% AUD/EUR 0.6117 , -0.0063 , -1.02% AUD/GBP 0.5340 , -0.0062 , -1.15% AUD/NZD 1.0928 , -0.0039 , -0.36% AUD/CAD 0.9203 , 0.0007 , 0.08% After drifting to as high as .7130 in Asian trade on the back a modest improvement in investor sentiment, the AUD/USD began to fall in European trade with losses accelerating as North ... (full story)