View full page at forexfactory.com

 

AUD/USD Eyes 200-Day SMA as APAC Trading Kicks Off Ahead of High-Impact Events

From dailyfx.com

Asia-pacific markets face another potentially volatile week amid ongoing tensions in Ukraine as Russian troops advance further toward Kyiv, Ukraine’s capital city. Peace talks between the two countries have continued but with little progress to show despite immense pressure on the Russian economy from Western sanctions. The risk-sensitive Australian Dollar fell versus the US Dollar last week, reversing the trend higher in recent weeks as iron ore prices helped underpin the Australian currency. The Aussie Dollar may have also been hurt by a slowdown in credit growth in China. Last week, the People’s Bank of China ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis