AUD/USD is getting hit, as is EUR/USD in the wake of the sharp drop in US service sector ISM. AUD/USD is getting a case of “where’s global demand gonna come from if the US goes in the tank” disease…
It dipped as low as 1.0820 and now stands at 1.0833.
EUR/USD is getting hit by lower yields as well as selling in EUR/JPY and EUR/CHF.
