AUD/USD Plunges 2.8 %

AUD/USD is trading down 2.8 % Thursday. The AUD/USD pair is trading at 0.7728. Trading activity has picked up after falling down in the European session and holding stable in early U.S trading. Selling continues to pour in. Chatter about today's 6 % decline in precious metals is making the rounds. The pair is trading at new multi-year lows. Market talk about the Australian Central Bank meeting next week continues. Trading is active and fluid.