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Flash: Ukrainian crisis and what about Cooperation ? – BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the developments in the on going crisis between Ukraine and Russia and the Western non approving countries and notes the implications as far as cooperation between the countries are concerned in relation to Syria and Iran.

Key Quotes

"Today, negotiations with Iran resume. Ironically, Russian cooperation is still desired here."


"The US and Europe also seek Russian cooperation in Syria. Crimea may have been sacrificed, as we have argued, due to European officials' miscalculation. It may also have been sacrificed for arguably more strategic goals."

Australia's Westpac leading index has muted response on AUD

Australia's Westpac/Melbourne Institute (MI) Leading Index for February came at -0.1% m/m vs a downward revision of -0.1% in the previous reading. Market participants don't usually pay much attention to this report as most of the indicators it uses for calculation were released earlier on the month.
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Japan Adjusted Merchandise Trade Balance missed forecasts (¥-890B) in February: Actual (¥-1133.2B)

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