Flash: AUD likely to remain heavy - RBS

FXstreet.com (Bali) - According to Greg Gibbs, FX Trading Strategist at RBS, AUD is likely to remain heavy as a risk proxy for China.

Key Quotes

"Markets appear more vulnerable and jumpy this year. This cautious frame of mind may dissipate somewhat after Chinese New Year, but the market is likely to remain in a more cautious frame of mind for much of this year. AUD is likely to remain heavy as a risk proxy for China."