| USD/CAD: Trading the Canadian Retail Sales Report (Daily FX) The Canadian dollar may face increased selling pressure during the last full-week of August as economists forecast retail sales to fall 0.1% in June, and the data is likely to reinforce a weakening outlook for future policy as growth and inflation remains weak. us.rd.yahoo.com |
Shifts in Risk Appetite Alter Currency Correlations (Daily FX) There are fundamental links underlying the market which wax and wane depending on what the prevailing concern in the market happens to be. Comparing and contrasting a portfolio made of EURUSD and AUDUSD against one comprised of EURUSD and AUDUSD highlights this development. us.rd.yahoo.com |
Global stocks fall on stimulus worries (Reuters) World stocks dipped toward the previous session's four-week lows on Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. us.rd.yahoo.com |
Dollar weakens slightly ahead of Fed announcement (AP) The dollar fell from a three-month high Wednesday ahead of the Federal Reserve's announcement on interest rates. In morning trading in New York, the 16-nation euro rose to $1.4545 from $1.4529 late Tuesday. us.rd.yahoo.com |
Dollar Mostly Lower in Choppy Trade (Daily FX) The greenback is mostly lower, rising relative to only the Euro and Swiss Franc. In the case of the EURUSD, a break of 14450 exposes support at 14385. us.rd.yahoo.com |