Australia's Westpac leading index has muted response on AUD

FXStreet (Bali) - Australia's Westpac/Melbourne Institute (MI) Leading Index for February came at -0.1% m/m vs a downward revision of -0.1% in the previous reading. AUD traders don't usually pay much attention to this report as most of the indicators it uses for calculation were released earlier on the month.

Mar 19, 2014

Australia Westpac Leading Index (MoM) rose from previous -0.2% to -0.1% in February

Flash: Ukrainian crisis and what about Cooperation ? – BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the developments in the on going crisis between Ukraine and Russia and the Western non approving countries and notes the implications as far as cooperation between the countries are concerned in relation to Syria and Iran.