QSL Market Update Podcast 16 February 2022

Sugar Overview: The ICE 11 sugar market was trapped in range-bound trading after little change to the fundamental outlook of sugar for another week. The March 2022 contract closed the week up 3 points at 18.26 USc/lb after trading from a low of 17.84 USc/lb on Tuesday, and then on to a high of 18.68 USc/lb on Wednesday.
Currency Overview: The Australian dollar strengthened steadily across the week, still slowing rebuilding post the hawkish Federal Open Market Committee (FOMC) meeting a fortnight ago. The AUD traded from a low on Monday of 70.65 US cents to a high of 72.49 US cents on Thursday. 
Current as of 14 February 2022