AUD/USD: Intraday stops targeted below 1.0300

Author: Sean Lee | Category: Forex Orders

Author: Sean Lee

Corporate bids at 1.0300 were filled as the market went after some tight intraday stops below 1.0300, which have also now been triggered. There have been no major statements or developments today although headlines from a draft statement by the China, Japan and South Korean FinMins do look a bit cagey (more on this shortly) and that might be encouraging a bit of risk-off sentiment.