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Daily AUD/USD Fundamental Analysis for March 23, 2012

By FXEmpire.com - Analysis and Recommendation: (close of Asian session)

AUD/USD continues its downward spiral set off over worries on the Chinese slowdown. The Aussie opened this morning at 1.0458 and has tumbled to 1.0396 after hitting a low of 1.0377. There is little news expected over the course of the week to help put life back into the Aussie.

Economic Events Scheduled for March 23, 2012

There are no events scheduled at this present time that directly affect the AUD, NZD or JPY

Government Bond Auctions (this week)

Mar 22 10:10 Sweden I/L bond auction

Mar 22 10.30 UK Auctions 0.625% 2042 I/L Gilt

Mar 22 15:00 US

Announces auctions of 2Y Notes on Mar 27, 5Y Notes on Mar

28 & 7Y Notes on Mar 29

[Originally Posted Here]

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