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USD appreciates against the AUD and NZD
The AUD/USD continues on its intraday plunge, currently trading around 0.8570, a fresh two-week low for the pair. After some volatility at the session opening, the AUD found a downward trend that shed 170 pips.
The Kiwi's session followed suit, plummeting 1.69% intraday versus the 1.70% of the AUD/USD and currently trades around 0.6959, a 12-day low for the NZD, as risk aversion takes over markets.