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AUD/USD bears catch a breather around one-week low under 0.6900

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Fxproooo

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AUD/USD takes rounds to 0.6850, up from the recently flashed multi-day low of 0.6839, at the start of Friday’s Asian session. The quote became the bears’ favorite on Thursday amid a broad risk-off sentiment. The move down was likely clues from the US Federal Reserve’s hints pouring cold water on the face of optimists as well as fears of the second wave of the coronavirus (COVID-19). Also exerting downside pressure on the pair were soft Aussie data and the Sino-American tension.
 

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