AUD/USD fell 0.50% intraday to 0.6812.

FT reports the US lifted fuel sanctions on Moscow to lower diesel prices; Kpler data show Russian diesel exports rose to 271,000 bpd in October from 135,000 bpd in September. The additional cargoes have not reached the US; shipments to Brazil, Turkey and other regions increased. Ship-tracking shows at least two tankers rerouted away from the US; one fully loaded Russian diesel tanker is anchored near the US East Coast awaiting a buyer. White House officials say negotiations with the owner of the Agioi Fanendes continue.

European Commission President Von der Leyen said the EU will propose a new round of sanctions on Russia and a package of fiscal rules for Ukraine by year-end.