CAFX Market Update 31/01/2022

Welcome to our daily market update where we help keep you informed on the latest happenings in the world of FX and show you what this means for the Mighty Aussie Dollar.

If you have any questions or would like anything further explained, please don’t hesitate to reach out to your account manager or email info@cafx.com


Key Data Being Released Today

Japan: Retail Sales (0.3% MoM expected)

Hong Kong: Retail Sales Volume (10.4% YoY expected)


Macro Report

A tale of two halves in markets on Friday night as Equity markets traded softly initially only to rally as the session was drawing to a close before the weekend.

These moves were reflected in currency and commodities markets as USD strength took a break whilst Gold prices dropped 0.3%.

Over the weekend, the UK announced they are working on economic sanctions on Russian should they pursue the invasion of Ukraine. The UK is trying to highlight to Vladimir Putin that they want him to understand what is the actual cost of invading so are hopeful the economic impact is sufficient to deter the Russians.

However, despite this, there are reports that Russian troops continue to grow along the border whilst US President Joe Biden announced they would also send troops towards the region.


AUD/USD Daily Chart






Major Global Markets

Currencies Level Change (%)
AUD/USD 0.6992 0.07
AUD/JPY 80.62 0.07
AUD/CNH 4.4522 0.01
DXY 97.2700 0.02
Rates Yield (%) Change (%)
US 10 Year 1.769 -0.03
Aus 10 year 1.925 -0.04
Equities Level Change (%)
S&P 500 4432 2.43
NASDAQ 14455 3.22
ASX 200 6988 2.19
Commodities Level Change (%)
Iron Ore 127.33 -0.69
Gold 1791.53 -0.33
Brent Crude oil 90.03 0.77

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