AUD/USD regains 0.7200 as Ukraine-Russia, Fed woes battle China’s upbeat covid news

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AUD/USD regains 0.7200 as Ukraine-Russia, Fed woes battle China’s upbeat covid news
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AUD/USD regains 0.7200 as Ukraine-Russia, Fed woes battle China’s upbeat covid news By anilpanchal7 AUDUSD RiskAppetite Coronavirus Ukraine Fed

n so, market’s anxiety ahead of the key Federal Open Market Committee and indecision over the Ukraine-Russia peace progress challenge the pair’s recovery moves.upbeat data at home also favor the AUD/USD prices. That said, Australia’s Westpac Leading Index improved to -0.15% from -0.3% prior.

Elsewhere, S&P 500 Futures drop 0.25% to 4,250 whereas the US 10-year Treasury yields snap seven-day uptrend around the highest levels since June 2019, down 1.5 basis points to 2.145% at the latest.

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