AUD/USD lagging the EUR/USD fall this morning with some hefty EUR/AUD sales from 1.3410 down to 1.3343. Some talk out there that the move could be related to some unwinding of positions following Goldman Sachs announcement yesterday that they were closing the Global Alpha fund after large losses of around 13%, and withdrawals from investors.
One trader also reporting some good amounts being bought in AUD/USD at current levels from corporates and funds
AUD/USD’s at 1.0328 with EUR/AUD around 1.3350