AUD Drops Toward 0.7040 Against USD

AUD/USD posts second-largest one-day loss of the year The AUD/USD pair has dropped toward 0.7040, marking its second-largest one-day loss of the year. The near-term outlook suggests the pair may test 0.7020. A sustained break below this level is seen as a s

AUD/USD posts second-largest one-day loss of the year

The AUD/USD pair has dropped toward 0.7040, marking its second-largest one-day loss of the year.

The near-term outlook suggests the pair may test 0.7020.

A sustained break below this level is seen as a significant risk, with the pair potentially extending toward 0.7000 against the USD.

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