A couple of weekend anti-AUD developments (ICYMI)

We have been shouting loudly at ForexLive from last week about the renewed tensions in the US-China war of words.

Sec State Pompeo fanned the flames over the weekend further:

• US Secretary of State says 'enormous evidence' exists that COVID-19 spread from Wuhan

As did the US selectively leaking this:

• Leaked US security report blames China concealing the severity of the coronavirus outbreak

Of minor concern relatively was this:

• North and South Korea - shots fired between the two in the Demilitarised Zone

Put it all together and the AUD (and other currencies) are losing ground. As are equity futures.