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Risk off flows bringing focus onto the........>

FOREX
FOREX: Risk off flows bringing focus onto the Antipodeans.
- AUD/USD has registered a fresh YTD low on the move, last $0.7037, as bears now
target the psychological $0.7000 level, while NZD/USD has eased below $0.6500,
bringing the rate's YTD low at $0.6425 back into focus.
- AUD/NZD trades 15 pips or so softer at NZ$1.0840 last. The rate's 200-DMA,
which now stands at NZ$1.0828, has acted as a pivot point in recent weeks.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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