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Published: 2024-03-22T04:48:08.000Z

AUD/USD flows: Slammed by stronger USD and weaker sentiment

byCephas Kin Long Yung

FX Analyst
-

Regional sentiment tanks

Yuan slips despite "National Team" stepping in

USD is trading broadly stronger on Friday's Asia session. Regional sentiment in China and Hong Kong tanks with HSI down more than 3%. On/offshore yuan are also seeing a sell off despite "national Team" stepping in. 

The antipodeans are bearing the blunt with AUD/USD down 0.7% to 0.6524 and NZD/USD down 0.54% to 0.6011.

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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