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CAFX Market Update 28/03/2022

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

Hong Kong – Trade Balance


Macro Report

A mixed session and volatility derived from Russia and Ukraine war remains elevated. US Treasuries rose in the short end as market priced in an additional 2% of Federal reserve hikes for the year. A lot of the market focus is now on how much and how quickly central banks can raise rates without hurting households that are heavily indebted with the Bank of Canada in particular weighing up those risks now.

Stocks traded in a range but ultimately finished higher in the session capping off a strong week. Whilst oil continued to bounce back to over $120/barrel after seeing some temporary relief earlier in the week.

Currencies were most or less muted for the closing session only noting the USD index kept its bid tone although magnitude of the moves were quite restrained.


AUD/USD Daily Chart






Major Global Markets

Currencies Level Change (%)
AUD/USD 0.7512 -0.04
AUD/JPY 91.665 -0.09
AUD/CNH 4.7993 0.03
DXY 98.7890 0.00
Rates Yield (%) Change (%)
US 10 Year 2.473 0.10
Aus 10 year 2.935 0.10
Equities Level Change (%)
S&P 500 4543 0.51
NASDAQ 14754 -0.08
ASX 200 7406 0.26
Commodities Level Change (%)
Iron Ore 135.31 0.08
Gold 1958.29 0.03
Brent Crude oil 120.65 1.36