Friday, October 22, 2021

𝐀𝐔𝐃/𝐔𝐒𝐃 𝐄𝐲𝐞𝐬 𝐑𝐁𝐀 𝐌𝐢𝐧𝐮𝐭𝐞𝐬, 𝐅𝐎𝐌𝐂 𝐀𝐟𝐭𝐞𝐫 𝐒𝐲𝐬𝐭𝐞𝐦𝐢𝐜 𝐑𝐢𝐬𝐤𝐬 𝐨𝐮𝐭 𝐨𝐟 𝐂𝐡𝐢𝐧𝐚 𝐖𝐞𝐢𝐠𝐡𝐬 𝐨𝐧 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭

The risk-sensitive Australian Dollar fell versus the USD overnight as US stocks collapsed on Wall Street. Technology and small-cap stocks led the losses, with the Nasdaq 100 index sinking over 2% at the closing bell. A potential credit crisis...

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