Australian dollar falls to the lowest since Thursday | Forexlive

Greg highlighted the technical state of play in AUD/USD earlier today and highlighted 0.6656 as he final line of defense for the bulls on the potential range breakout. That’s now broken, albeit briefly.

The break is not a good sign for risk assets and some of that is being put at the foot of Yellen. Her comments didn’t read as any kind of surprise but she said the debt ceiling should be increased without conditions.