AUD/USD could come under further pressure from offshore though should find good support at 0.8500, says GFT strategist Boris Schlossberg. "The Aussie remains the highest yielding currency in the G-20 universe and will no doubt eventually find support at the 0.8500 level or below from longer term value players. For the time being however, the utter surprise of the RBA action is likely to pressure the unit with traders testing the 0.8700 figure, especially if risk aversion flows accelerate as the night progresses." Pair last 0.8791.
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