| AUDUSD Range Must Weather Dollar Strength, Risk Appetite (Daily FX) A fire has been lit underneath the US dollar after four days of solid selling pressure and two of tight chop. For some of the majors, this sharp increase in activity has led to significant technical developments ; but for the most part, the pick has merely pulled the greenback from its respective lows and pulled back into wider ranges. us.rd.yahoo.com |
Kiwi's a goner in Anzac bond Forget a shared Anzac currency. The Government's transtasman taskforce is to investigate scrapping the Kiwi dollar and adopting an Aussie one.Don Brash, chairman of the 2025 Taskforce and former governor of the Reserve Bank, confirmed... nzherald.co.nz |
Dollar choppy after unemployment tops 10 percent (AP) The safe-haven dollar got an immediate boost Friday after the government said the U.S. unemployment rate rose above 10 percent, but then gave back its gains in choppy trading as investors figured that a weak economy meant the Federal Reserve would keep interest rates at their current near-zero range for a long time. us.rd.yahoo.com |
Aud/Jpy (Daily FX) While not the strongest trending pair right now, the potential change in sentiment on the JPY plays out on this AUD/JPY chart more than the other JPY pairs in my opinion. us.rd.yahoo.com |
NZ dollar eases off recent high The New Zealand dollar retreated from a two-month high today in a move analysts attributed to a trader-driven attack on the euro."The euro was the first to move. Traders offshore pushed the euro through an important stop level,"... nzherald.co.nz |