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Forex pairs in this Article » EUR/USD, GBP/USD (Barcelona) - The Australian Dollar was severely punished right from the start of the Asian session, with the British Pound also being victim of a stronger US Dollar.

The main events during Asia were a speech delivered by RBA Stevens, in which the Governor successfully jawboned the AUD lower, while other unknown market forces pushed the Pound over 70+ pips lower in an unusual sharp sell-off.

In equities, red was the predominant colour, with the Nikkei 225 down over 0.50%, the Australian S&P/ASX 200 falling by almost the same %, while the Chinese Shanghai Composite was no exception and lost right around 0.5% too. It is worth noting, however, that the correlation between USD/JPY and the Nikkei appears to be breaking down.

Main headlines in Asia

RBA's Stevens talks down the $A, value misaligned with fundamentals

AUD/USD breaks lower after RBA's Stevens headlines

Japan Unemployment Rate declines to 4% in September from 4.1%

Did RBA Stevens give a reason to buy the AUD? - RBS

Bloody Tuesday in Asian equity markets
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