Nikkei Enters Bear Market as Asian Rout Hits Aussie — AUD/JPY and AUD/USD Break Support

The Nikkei closed down 5.96% at 57,434.77, entering a bear market, while KOSPI fell 6.02% and TAIEX 4.51%. AUD/JPY and AUD/USD broke key support as the Aussie and Kiwi took the heaviest currency losses, yet the Yen and Won stayed comparatively stable, suggesting the shock is still concentrated in equities and risk-sensitive currencies. The post Nikkei Enters Bear Market as Asian Rout Hits Aussie — AUD/JPY and AUD/USD Break Support appeared first on ActionForex.