AUD/USD is trading sharply lower Thursday. The AUD/USD pair is trading at 0.7783. Trading has been stable since falling down in the European session. Selling continues to pour in. Chatter about today's decline in precious metals and Energy are making the rounds. The pair is trading at new 12 month lows made earlier in the day. Chatter about the Australian Central Bank meeting next week persistent. Some buying is seen at these levels for positioning.
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