Asia-Pacific stocks fell into recession again, AUD/USD fell to 0.9900

On Wednesday (October 11), in the morning of the Asian market, the AUD/USD oscillated lower and was currently trading at around 0.9935. Overnight in the New York market, the AUD/USD hit a high of 1.0000 before retreating.

Yesterday, the euro-zone countries of Slovenia made the market very frustrated. Its parliament did not pass the vote for expansion of the EFSF. This has a serious negative effect on market sentiment. Investors worry about the debt issue in Europe has heated up, market risk aversion Emotions rise.

Affected by the European debt issue, Asia-Pacific stocks were under pressure on Wednesday, as of 08:26 Beijing time, the Nikkei 225 index fell 0.67%, the Australian common stock index fell 0.96%, investors have sold risky assets, resulting in pressure on the Australian dollar risk currency .

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