AUD/USD sinks further after solid US data

FXstreet.com (Athens) -The AUD/USD got another hurt after encouraging US data.

The AUD/USD sinks heavily amid Syria-linked jitters

The pair was trading at 0.8970 area before the release of the encouraging US data. However, as soon as beating data loomed out, the American dollar strengthened further, i.e. the pair touched 0.8939. All day long, the newswires attributed the flare-up of risk aversion to swelling geopolitical risk after US Secretary of State John Kerry said the Syrian government will be held accountable for its use of chemical weapons. As a consequence, the ‘Aussie’ the absolute risk-barometer, sank as Syria-Linked Jitters Spark …read more