| Australian Dollar Faces Key Test at Multi-Month Highs (DailyFX) Australian Dollar Faces Key Test at Multi-Month Highs Fundamental Outlook for US Dollar: Bearish - Australian Dollar benefits from S&P 500 rallies, finishes significantly higher - Reserve Bank of Australia leaves rates on hold, Australian Dollar rallies The Australian Dollar finished the week significantly higher against the US Dollar and took top-performing honors among all G10 currencies, bolstered by similarly impressive rallies in the US S&P 500 and global commodity markets. finance.yahoo.com |
Currencies: Irish auction buoys confidence, weighs on dollar (at MarketWatch) The U.S. dollar declines, with the euro finding support after an auction of Irish government debt met solid demand. us.rd.yahoo.com |
Dollar falls below 84 yen to hit session low [at Reuters] - The dollar extended declines against the yen to briefly trade below 84 yen in late morning trade on Tuesday. The dollar hit 83.95 yen on electronic trading platform EBS, edging closer to a 15-year low of 83.58 set on EBS last week. us.rd.yahoo.com |
Stocks up as Fed easing view grows The dollar slid to a 15-year low against the yen and Asian stocks rose on Monday as U.S. jobs data boosted the chances of easier U.S. monetary policy and IMF and G7 meetings produced little to ease global currency tension. finance.yahoo.com |
FOREX: Dollar Finds Balance as Big Ticket Fundamental Threats - G20, GDP, FOMC - Approach It is interesting to see how influential policy officials’ comments can be on positioning. Ultimately, the impact their remarks have on the markets boil down to what the topic happens to be and the frequency with which it is brought up. finance.yahoo.com |