India Reverse Repo Rate below forecasts (6.5%): Actual (6.25%)

AUD/USD drops to 0.7055, weakest since Feb 2016 on US-China trade woes

The offered tone around the Australian dollar keeps growing bigger, knocking-off the AUD/USD pair to fresh thirty-two month lows near the midpoint of
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USD/CHF hits fresh 6-week tops, around mid-0.9900s ahead of NFP

   •  A modest uptick in the US bond yields helps revive the USD demand.    •  Softer Swiss CPI figures exert some additional pressure on the CHF.  
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