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Yuan depreciation and mounting selling pressures force AUD lower

23 August, 2019

The AUD shifted downward through trade on Thursday, drifting back toward the lower end of recent ranges as investors responded to mounting signals to sell down CNY and CNH holdings...

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Today's expected ranges:

AUD/USD: 0.6730 - 0.6815 ▼
AUD/NZD: 1.0520 - 1.0680 ▲
GBP/AUD: 1.7830 - 1.8380 ▲

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