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Published: 2024-04-22T04:18:28.000Z

AUD/USD flows: Supported by sentiment

byCephas Kin Long Yung

FX Analyst
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Risk sentiment broadly positive on lack of geopolitical escalation

Risk sentiment is broadly positive on Monday with the lack of geopolitical escalation. Major equity indexes opened in the green with the exception of CSI as better than expected Chinese data recently diminish hopes of further stimulus. The antipodeans are supported by the waves of positive sentiment and outperformed the USD and peers on Monday.

AUD/USD is trading 0.33% higher at 0.6438. 

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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