Global rating giant Moody’s recently crossed wires while spreading analysis of Australia economy. The rating major previous cut down Australian economic growth forecast for 2020 to 2.2%. Key quotes Australian states face rising budget pressure from soft economy, record spending programs. FX implications As the news joins the already prevailing risk aversion mood, mainly due to the phase one and Hong Kong headlines, AUD/USD keeps being in trouble while taking rounds to 0.6800 during early Thursday’s morning session in Asia. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD: Under pressure around 0.6800 as trade/Hong Kong news favor risk-off FX Street 3 years Global rating giant Moody's recently crossed wires while spreading analysis of Australia economy. The rating major previous cut down Australian economic growth forecast for 2020 to 2.2%. Key quotes Australian states face rising budget pressure from soft economy, record spending programs. FX implications As the news joins the already prevailing risk aversion mood, mainly due to the phase one and Hong Kong headlines, AUD/USD keeps being in trouble while taking rounds to 0.6800 during early Thursday's morning session in Asia. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.