The Australian Dollar (AUD): AUD/USD opened lower this morning to one month low of 0.8894 due to tensions between Russia and Ukraine. During the weekend, the disappointing Chinese manufacturing PMI increased the possibility of an easier monetary policy stance which added weight for the pair. Today, the pair will be focusing on the HSBC PMI that will be released 01:45GMT and tomorrow we get building approvals along with RBA meeting.
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