| RBA Says It Could Stifle Demand If It Raises Rates Too Soon (Daily FX) The Reserve Bank of Australia said there is a "risk of an early tightening choking off confidence and demand prematurely" if it raises it's benchmark policy rate too soon. us.rd.yahoo.com |
Japanese Yen Attuned to Risk Aversion, But What about the USDJPY? (Daily FX) After a strong surge in risk appetite through much of the week, the market finally broke from momentum this past Friday. However, we can?t call this stall a reversal - at least not yet. us.rd.yahoo.com |
Oil rises above $79 amid dollar volatility (AP) Crude oil prices rebounded Tuesday after three straight days of declines, offsetting an unexpected slump in consumer confidence. us.rd.yahoo.com |
USD/CHF Classical (Daily FX) USD/CHF – The latest setbacks have now severely damaged the prospect for a major double bottom formation, with the market dropping back into the 1.0000’s, to potentially warn of a push below parity. us.rd.yahoo.com |
New Zealand Dollar Riding the Coattails of the Aussie, Risk Appetite (Daily FX) New Zealand Dollar Riding the Coattails of the Aussie, Risk Appetite Fundamental Forecast for New Zealand Dollar: Neutral - Risk trends quiet for yet another week. Pressure continues to build for an eventual breakout - Is the NZDUSD recent rally a true reversal or a temporary correction? us.rd.yahoo.com |