This has implication for the AUD as well as credit conditions when things turn sour for Australia. Join discussion...

Chances are, commodity traders will react by selling the commodities tomorrow, following the official announcements. Join discussion...

"And as a special tip, I think I would short the Australian dollar, because talking about a housing bubble, Australia has 10 times a bigger bubble than China," Faber said. "In Australia you have what you said we don’t really have in China, namely the low leverage that we have in China, we have the opposite in Australia, very high household leverage. … So I think a big downfall is about to happen." Join discussion...

Reversal of the great Aussie carry trade is one of the reasons why the AUD fell so rapidly. Join discussion...

Another foreigner are putting up the case against the AUD. Join discussion...

Again, China was on the verge of being declared a currency manipulator. Then there's a deal to pacify the US. Rinse and repeat. Join discussion...

Cooler heads are working to delay what could be nasty development. Join discussion...

The US wants China to revalue the yuan to protect US jobs. China does not want to do so to protect Chinese jobs. Join discussion...

The Chinese are testing the waters for a yuan appreciation? Join discussion...

German tax-payers does not want to see their hard-earned money spent on bailing out the Greeks. Join discussion...