Forex Weekly Trading Forecast - 08.31.09 (Daily FX)
US Dollar Consolidation Bound to Yield Breakout This Week Euro Forecast Dims on S&P 500 September Effect Japanese Yen Crosses Ready for the Next Trend in Risk Appetite British Pound Outlook Bearish on Technical Break Lower Swiss Franc Will Follow Risk Trends to Breakout or Reversal Canadian Dollar Appears Range Bound As GDP and Unemployment Offset Australian Dollar: RBA to Hold Interest Rate, 2Q GDP on Tap New Zealand Dollar to Look Past Data, Trade on Risk Trends us.rd.yahoo.com |
Kiwi dollar falls on rumours of Reserve Bank intervention
The New Zealand dollar has stumbled, after surging 3.1 per cent in the past two days, as the Federal Reserve announced it will begin unwinding its extraordinary stimulus measures early next year and rumours surfaced that the Reserve... nzherald.co.nz |
Oil prices fall as Ida fades, dollar climbs (AP)
Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico. us.rd.yahoo.com |
Australian move lifts NZ dollar
After being supported by a rise in official Australian interest rates late yesterday, the New Zealand dollar benefited further overnight from higher commodity prices and a weaker United States currency.By 8am, the kiwi was buying... nzherald.co.nz |
EURJPY Range a Barometer for the True Trend in Risk Appetite (Daily FX)
The opening move on a potentially market defining reversal in risk appetite has been made this week. Critical breakouts on a few notable benchmarks can easily drive the broader market to a significant retracement of the steady build up in high-return, high-yield positions over the past year. us.rd.yahoo.com |