The Australian dollar has been in retreat since Asian zone comments from RBA governor Stevens
Posting a re-cap for those across the pond just joining in the fun n games today as we see AUDUSD take out the 0.7150 bids/support to post 30-month lows of 0.7145
Eamonn had all the comments here and markets have taken them not just a justification for May's cut but also suggesting there's room for more to come.
Also to throw into the mix are large option expiries at 0.7200 today and that has added to the downside pressure
