While Wheeler flips the bird, don’t ignore the AUD

Kiwi and yen is where the action is,

AUD is having a pretty quiet day of it but there may be some movement in store. China’s FDI figures came out earlier and they weren’t great.

China’s foreign direct investment fell for an eighth month in January, a sign that the recovery in the world’s second-largest economy has yet to revive confidence among overseas companies

This may be a factor that weighs on the AUD, though its holding up well at present.

China’s Foreign Direct Investment Declines for Eighth Month

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