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AUD/USD drops back below 0.6600 amid risk aversion


AUD/USD drops back below 0.6600 amid risk aversion

AUD/USD is drifting lower below 0.6600 in the Asian session on Wednesday.Investors turn cautious amid the US government shutdown and chatter about the Chinese ban on Australian iron-ore imports, which, in turn, seems to undermine the risk-sensitive Aussie.











USD/JPY eases below 148.00, as USD slips on government shutdown


USD/JPY eases below 148.00, as USD slips on government shutdown

USD/JPY is back in the red below 148.00 in Wednesday’s late Asian trading. Expectations for an imminent rate hike by the BoJ, along with rising geopolitical tensions and trade uncertainties, supportthe Japanese Yen. Meanwhile, the US government starts shutting down, fuelling fresh US Dollar selling and dragging the pair lower.












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