Commodity currencies are generally very sensitive to global growth and they rise the most in risk-on environements and fall the most during negative sentiment.
The Australian Dollar is also very sensitive to macro events linked to China given that the country is Australia's biggest trading partner. We can see that the AUD is down the most against the "safe haven" currencies like USD, JPY and CHF.
If you are a beginner in FX, these days are a great learning experience.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about aud hit the hardest amid the risk off flows was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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