FX Weekly Insights 26/02/23

The US nominated a new World Bank chief this week after the abrupt resignation of David Malpass, highlighting a need to increase funding for climate change initiatives and hasten disbursements toward developing nations. Essential data is headlined by Durable Goods orders and several US data points, as well as a speech from Bank of Japan Governor Designate Kazuo Ueda (植田 和男). The key chart focuses in on USD/AUD.