New Zealand Dollar Lost Between Risk Appetite and Recession (Daily FX)
The New Zealand Dollar was able to produce a major bullish breakout against US Dollar, the Yen and Euro while meaningful gains were made against the Pound and Australian Dollar. However, we should not take this technical headway to mean that we are in the clear. us.rd.yahoo.com |
Currency Market and Risk Appetite will Rediscover Volatility and Direction Soon (Daily FX)
Risk appetite has diminished for months; yet the positive bias behind the capital markets has not faltered whilst traders sought out the fundamental fuel for the next trend. However, we may see a resolution on both the direction and intensity of sentiment soon as the technical and fundamental pressures build to a breaking point behind the scenes. us.rd.yahoo.com |
Euro up against dollar head of earnings reports (AP)
The euro was higher against the dollar Monday as investors awaited upcoming company earnings reports for indications on the health of the economy. us.rd.yahoo.com |
British Pound Remains Bid, Canadian Dollar Underperforms (Daily FX)
The GBP/USD jumped to a high of 1.6873 during the overnight trade as the economic docket for the U.K. reinforced an improved outlook for region, and the British Pound remains the best performing against the greenback on Tuesday as the pair continues to bounce back from the low, while the USD/CAD halted the two-day decline as investors scaled back their appetite for risk. us.rd.yahoo.com |
Dollar falls in year-end trade (CNNMoney.com)
The dollar softened against rival currencies Thursday at the end of a mostly quiet, holiday-shortened week. us.rd.yahoo.com |