That is a stunning change of mood given the interest rate hike was 99% expected. As US interest rates now continue to rise, the AUD now has almost no reason to recover (except maybe for a resource super rally). I stand by my earlier commentary that there is no knowing how low AUD can go now. After the sharp fall I did try a long for any reversal recovery but by the start of NY trading this had stalled and it was selling again so I remain short.