Commodities currencies in focus with Russia-Ukraine crisis

WITH the Russia-Ukraine crises reaching its tumultuous boil and the commodities cycle boom in focus for 2022, certain commodities' currencies like the Australian dollar are thrown into focus once again.

The AUD/USD recently crushed the 200 daily moving average, extending to some 3 per cent gains over the past week while it looked to pull back on the backdrop of a strong USD and impending interest rate revisions by the Fed in a few days' time.

Once any Fed revision(s) has been priced in, what traders should focus on are the RBA announcement (made 26 days later), the hard and soft commodities and precious metals supply chain crunch from Russia's export bans and restrictions. With inflation soaring to new highs in 2022, there are some indicators investors should be looking at to derive telltale signs for the AUD/USD price action in 2022.