Will Oceania's currencies rebound amid the Russian invasion?

Will Oceania's currencies rebound amid the Russian invasion?

25.02.2022

In the U.S. currency market the previous day, the Dollar Index rose following the start of Russia’s invasion of Ukraine. The AUD/USD pair fell by approximately 140 pips, from 0.723 to 0.709. Additionally, U.S. new home sales for January, released yesterday, came in at 801,000 units against a market forecast of 802,000, marking the first decline in three months; however, the impact on the U.S. dollar was limited.

European currencies have continued to weaken as the situation in Ukraine escalates, with the euro falling approximately 210 pips against the yen from 130.04 to 127.91. However, the euro has remained relatively stable against Oceania currencies, with the EUR/AUD pair trading in a range around the daily support level of 1.555.With the surge in commodity prices having paused, we will be watching closely to see which direction Oceania currencies will take.

Today, at 4:00 PM, Germany’s Q4 GDP and Import Price Index will be released; at 4:45 PM, France’s Q4 GDP, Consumer Price Index, and Producer Price Index will be released; at 10:30 PM, U.S. Durable Goods Orders, Personal Income, and the Core PCE Deflator will be released; and at 11:00 PM,ECB President Lagarde is scheduled to speak, followed by U.S. existing home sales and the University of Michigan Consumer Sentiment Index at 12:00 a.m. With geopolitical risks escalating, we should pay close attention to the price movements of commodity-linked currencies heading into the weekend.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?