There are rumors that Australia’s most-valuable export — AC/DC — is about to announce a breakup of the band and retirement after Malcolm Young suffered a stroke.
AUD/USD is at the low of the day, down 87 pips to 0.9338. There is minor support at last Wednesday’s low of 0.9335. Strong demand is reported at 0.9320 and 0.9310 with stops below the big figure.