Swiss Franc Will Follow Risk Trends to Breakout or Reversal (Daily FX)
The Swiss franc has seen bullish progression against most of its pairings this week. However, the few crosses that did not follow the beaten path highlight the primary fundamental drivers that surrounding the currency heading into the new week. us.rd.yahoo.com |
Kiwi dollar eases
The New Zealand dollar fell today as weak equity markets again had investors favouring US dollars.But it found support at lower levels and recovered to end little changed.It was trading at US71.89c at 5pm, off the US71.06c... nzherald.co.nz |
Euro nearly unchanged at $1.4975 in European trade (AP)
The euro was nearly unchanged against the dollar Wednesday as Asian markets rose and investors appeared to continue their pause in their sell-off of the American currency, which was hit earlier in the week by expectations that U.S. interest rates will be left low for some time. us.rd.yahoo.com |
NZ dollar settles, investors await US data
The New Zealand dollar market settled down ahead of the release of United States monthly jobs data for November later today.A higher than expected number was seen as a potential trigger for buying in higher-yielding currencies... nzherald.co.nz |
Crude Closes the Week Deep in the Red as Risk Aversion Picks up Steam (Daily FX)
A market-wide drop in risk appetite would keep crude oil in its aggressive decline through the end of this week. From a 15-month high set only a few weeks ago, the commodity has plunged more than 11.5 percent. us.rd.yahoo.com |