RBA Kent's comments finally send AUD/USD through support

S&P affirmed Australia's 'AAA/A-1+' ratings.

The agency said that the outlook was negative and says to expect Australia government fiscal balance to narrow during the next few years after recording a deficit of about 14% of GDP in fiscal 2021.

There has been no direct impact on the Aussie that has instead endured a bout of supply to break an intraday support due to comments from the Reserve Bank of Australia's Chris Kent.

RBA Kent's comments finally send AUD/USD through support

AUD/USD 15-min chart