| US Dollar May Finally See Break from Summer Ranges as Liquidity Returns (Daily FX) The US dollar, British pound, and commodity dollars face potential for major moves and significant breakouts from summer ranges next week due to the combination of the post-holiday return of liquidity, rate decisions from the Reserve Bank of New Zealand, Bank of England, and Bank of Canada, along with Australian employment and US consumer confidence reports. us.rd.yahoo.com |
Wild ride may take kiwi past US80c A US80c New Zealand dollar is looking increasingly likely as the greenback's weakness shows no sign of reversing, currency watchers say.The kiwi hit a one-week low of US$72.50 on Monday night but then began rising again. It... nzherald.co.nz |
Euro Poised to Test Yearly High, British Pound Continues to Trend Sideways (Daily FX) The euro rallied against the greenback for the second day, with the exchange rate rising to a high of 1.4996 during the overnight trading session, and the single-currency looks poised to test the yearly high at 1.5064 this week as market participants ramp up expectations for higher borrowing costs in the region. us.rd.yahoo.com |
US Dollar Forecast to Gain but Watch Illiquidity Risk (Daily FX) EURUSD – Euro Forecast to Decline versus US Dollar GBPUSD – British Pound Bias Remains Bearish USDJPY – Japanese Yen Forecast to Fall Further USDCHF – Swiss Franc Outlook Turns Bullish USDCAD – Canadian Dollar Likely to Rally Further versus US Dollar GBPJPY – British Pound Forecast Bullish versus Japanese Yen View individual currency SSI charts in our FX Sentiment section Interested in building your own SSI-based strategy? us.rd.yahoo.com |
Dollar enjoys late rally, climbs over US71c The New Zealand dollar bounced back this afternoon, after falling against the greenback as the US market was affected by US President Barack Obama's plan to curb bank risk-taking.The NZ dollar also lost ground on the wake of uncertainty... nzherald.co.nz |