Its taken a few days but the 0.8200 has finally given way and the AUD/USD has shifted rapidly to hit 0.8180 (or thereabouts):
There hasn’t been any news (that I’ve seen) – it was just a matter of filling in the 0.8200 bids.
NZD/USD lower with it
Currently:
- AUD/USD 0.8184
- NZD/USD 0.7757
AUD/USD to its lowest in the past 4 years now. Happy Christmas Glenn Stevens!
–
More:
- Aussie bond yields at their lowest now in about 2 1/2 years
