Australian Dollar extends losses towards dangerous levels
AUD/USD declines amidst renewed selling pressure, testing 0.6700 support. Market sentiment implies a 55% probability of a 25-basis-point rate cut by the RBA this year. The fragile economic situation in China also weighs on the Aussie. The AUD/USD pair declined by 0.40% to 0.6705 in Tuesday’s session as the AustralianContinue Reading