| EURJPY Turns to Technical and Range as Swells in Risk Ease (Daily FX) In the past six months, market participants have become experts in identifying the influences of risk trends and translating what it should mean for certain currencies. However, when the intensity behind risk appetite and aversion let up, this sweeping fundamental driver will inevitably lose some of its influence over the market. us.rd.yahoo.com |
NZ saved from major financial damage - Reserve Bank New Zealand escaped major damage in the worst global financial crisis in decades, but imbalances and vulnerabilities were highlighted, the Reserve Bank's 2008/09 annual repo nzherald.co.nz |
AUDUSD: Australian Dollar Slips Past Key Support (Daily FX) AUD/USD Strategy: Pending Short AUDUSD put in a Bearish Engulfing candlestick pattern and broke below support at the lower boundary of a rising channel established from late July. However, the intensity of the bearish push has skewed risk/reward considerations against entering short at current levels, and we will now look for a close below horizontal support at 0.8967 to sell the pair. us.rd.yahoo.com |
Dollar Cools into Final Hours of Trade (Daily FX) We would just like to take the opportunity to wish everyone a happy holidays and healthy new year. We will be working next week and look forward to being back on the desk on Monday. us.rd.yahoo.com |
FX Technical Weekly (Daily FX) The US dollar and Japanese Yen should continue their winning ways. There are multiple opportunities but one of the more attractive from a reward/risk standpoint is shorting GBPUSD in anticipation of a break below 15700. us.rd.yahoo.com |