The RBA is in buying Aussie around 0.6350 again but with US equity markets making new lows for the trend, dealers are happy to hit his bid.
In Cable, the 1.4700 level has given way and spot has fallen to 1.4656 so far. Options bookmakers are forced to sell into weakness with many short “gamma” which forces them to sell weakness and buy strength when prices move abruptly.
The Dow is don another 300 points