AUD/USD flows: Caught the risk off flow

The Australia Q3 Wage Price Index bangs in estimate at 0.8% q/q and 3.4% y/y. The data is also in the ball park of RBA's forecast, thus should not see a significant deviation in rate forecast. However, as the session progress, the Aussie seems to be following the souring sentiment in the risk space.

And see AUD/USD trading 0.42% lower at 0.6480.