AUD .7875
USD seems to be bid across the board again. This seems to be the start of perhaps a major currency sell off. Already Asian stock markets are in the red and this could turn nasty into Europe/US.
Obviously investors nervous about NK but I think thats an excuse for a USD rebound and cross unwinding .
If this gets momentum then we can see AUD back to .7600 in no time
USD seems to be bid across the board again. This seems to be the start of perhaps a major currency sell off. Already Asian stock markets are in the red and this could turn nasty into Europe/US.
Obviously investors nervous about NK but I think thats an excuse for a USD rebound and cross unwinding .
If this gets momentum then we can see AUD back to .7600 in no time
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