Client Portal

Forex Fundamental Analysis-28/01/2022


  • General mood is “risk off”
  • Currencies consolidated in Asia today after overnight USD strength
  • Wires: Biden warned Ukrainian president that a Russian invasion was “certain”
  • Australian PPI stronger than expected at +1.3% (E: +0.9%)

What’s Moving

Currency markets remained quiet into the end of the week in Asia today, with players sitting on their hands after the large-scale USD buying overnight. Locally, the market paused, but hardly backed up at all, largely sitting at or near session USD highs.

Adding a further inactive focus was a report where U.S. President Biden apparently called his Ukrainian counterpart Zelensky and warned that a Russian invasion of the Ukraine was “certain.” 

Australian PPI came in firmer than expected today but was largely shrugged off.

Tonight sees:

  • German Import Prices (E: +1.8%)
  • Flash French GDP (E: +0.5%)
  • Flash Spanish GDP (E: 1.4%)
  • German Preliminary GDP (E: -0.3%) 
  • U.S. Revised Michigan Sentiment Index (E: 68.8)


Open a Trading Account with An Australian
Regulated Broker that You can Trust