Sochi G8 meeting suspended

FXStreet (Bali) - After the invasion of Ukraine sovereign territory, G7 nations condemned the move by canceling the Sochi G8 meeting, scheduled for June. According to headlines, the G7 has called on Russia to address any security, human rights concerns with Ukraine via the standard channels of international mediation.

Mar 3, 2014

AUD/USD re-visits 0.8890 low post HSBC China PMI

AUD/USD fell towards 0.8890 following the final HSBC China PMI read, which came at 48.5 as expected.

Flash: Specs USD net longs lowest since early November - Nomura

For the week ended February 25, non commercial accounts sold $3.0bn USD, notes Nomura FX Strategists, resulting on net longs down to their lowest levels since early November.