AUD/USD flows: Stay slow

Risk sentiment tanked in early Asia after Trump’s tariff headline as just major FX slumped against USD. As session progress, the broad sentiment improves but remain sour. China respond mildly by suggesting no one will win a trade war, instead of immediately respond with tariff retaliation threat.

AUD/USD sunk to 0.6534 before retracing to 0.6485 now, down 0.28% for the session.