Flash: China and Crimea weighing on risk sentiment - Danske Bank

FXStreet (Barcelona) - Anders Møller Lumholtz, Senior Analyst at Danske Bank notes that the combination of China growth fears and the Crimea crisis is weighing on risk appetite in the FX market and the usual suspects like the JPY and the CHF are seeing good support.

Key Quotes

“The boost from a strong labour market report has not been enough to support the AUD and AUD/USD has dropped to 0.90 again.”

“Ahead of the Crimea referendum on Sunday risk appetite is expected to be weak, especially as there are no important key events to trade on.”