AUD/USD: Russia-Ukraine tensions escalate, weighing on outlook for risk-FX in the open

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AUD/USD: Russia-Ukraine tensions escalate, weighing on outlook for risk-FX in the open
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AUD/USD: Russia-Ukraine tensions escalate, weighing on outlook for risk-FX in the open By Sagar_Dua24 AUDUSD RiskAversion DollarIndex PMI

The escalation of the Russia-Ukraine tensions on weekend has underpinned the risk-off impulse.The AUD/USD pair

The extension of drills by Russia and Belarus in the eastern part of Ukraine, which was due to end on Sunday, had poised AUD/USD to start on a cautious note on Monday. Russia's potential build-up of troops in eastern Ukraine in the Donetsk and Luhansk regions has underpinned the risk-off impulse for Monday opening.

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