| Currencies Show Volatility Ahead of FOMC (Morning Slices) (Daily FX) The overnight session of trade was far from quiet with the market chopping around quite aggressively ahead of the much anticipated FOMC release later in the day. The Australian Dollar is the weakest currency on the day while the Swissie and Yen are the strongest, reflective of a broader shift in sentiment and paring back of risk. us.rd.yahoo.com |
Where will the kiwi dollar go this week? The New Zealand dollar may nudge 72 USc this week, a level it last reached in August 2008, as a glut of domestic data helps underpin investor sentiment for the currency. The kiwi could shed its gains if G-20 leaders hint at unwinding... nzherald.co.nz |
Oil nears $82 as dollar hits new low (AP) Oil prices hit new highs for the year Wednesday just as the dollar fell to new lows against the euro, showing how much the weak U.S. currency has come to dominate energy markets. us.rd.yahoo.com |
Usd/Cad (Daily FX) This morning's release of the Nonfarm Payrolls has initially resulted in USD strength....except when paired with the CAD. us.rd.yahoo.com |
Euro May Find Strength in Renewed Fundamental Trends, Data (Daily FX) Euro May Find Strength in Renewed Fundamental Trends, Data Fundamental Forecast for Euro: Neutral - Long-term fundamentals are still a disappointment for the euro heading into the end of the year - German consumer-based inflation figures hit an eight-month high – the hawkish crowd garners momentum - Short-term EURUSD technicals clash with longer-term trends We are at the end of the year, and our assessment of the performance of the euro depends on the time frame at which we approach the currency on. us.rd.yahoo.com |