AUD/USD fell to a fresh multi-week low for the second day in a row. Risk aversion and weak iron ore demand outlook weighed on the resource-bound Australian dollar. Fed rate hike bets lifted the dollar and contributed to an intraday selling bias of the Aussie. The AUD/USD price continued to slide in the European session, … Continued
The post AUD/USD Price Hitting 0.7300 as Dollar King Returns, Iron Falls appeared first on Forex Crunch.