| Forex Strategy Outlook: US Dollar Rallies Look Promising (Daily FX) A strong US Dollar reversal has led our forex trading strategies to go heavily long the resurgent currency, and our bullish dollar bias calls for further gains in said trend-following systems. us.rd.yahoo.com |
EUR/USD: Trading the Change in German Unemployment (Daily FX) The euro may face increased selling pressures over the next 24 hours of trading as economists forecast German unemployment to rise 20K in September, and the downturn in the labor market is likely to increase the risks for a double-dip recession as Bundesbank President Axel Weber anticipates a "muted" recovery. us.rd.yahoo.com |
Poor reading on US consumers props dollar (AP) The dollar was choppy in Tuesday trading after a report showed consumers' confidence dropping this month, raising doubts about the vitality of the economy's recovery. us.rd.yahoo.com |
NZ dollar climbs back over US72c The New Zealand dollar rose today as the bout of risk aversion triggered by Dubai's financial woes subsided.The NZ dollar was at US72.11c at 5pm from US71.39c at 8am and US71.05c at 5pm on Friday.ASB said the full impact of... nzherald.co.nz |
Kiwi dollar rises The New Zealand dollar rose to its highest level since late November today as the US dollar went on the defensive and the Australian dollar went on the offensive.The NZ dollar was US73.78c at 5pm, up from US73.64c at 8am from... nzherald.co.nz |