FXstreet.com (Córdoba) - The Aussie continues to hike boosted by an optimistic GDP figure coming from Australia. In particular, the Australian GDP grew at ...See all stories on this topic »
Forex: AUD/USD reaches 0.9000 on economic acceleration
Source: www.google.com
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Regional share markets open up 0.5%
Both the Nikkei and the Kospi are up around 0.5% on the...
All together now: Reserve status secure
I missed this the first time around, but the IMF’s number 2, John Lipsky, says the dollar will retain its reserve currency status for “as far as we can see”. After weeks of talking down the greenback, officials from BRIC countries have begun to back-pedal as well, and the dollar...
Daily Forex Analysis - June 15, 2009
Being contained by 1.6662 previous high resistance, GBPUSD pulled back from 1.6618 last week. Range trading between 1.6240 and 1.6662 could be seen later ... See all stories on this...
Dudley: No more Treasury buys needed if yield rise due to economic optimism
The Economist has an interview with NY Fed chief Bill Dudley. He says that if US yields are rising for the right reasons, the Fed won’t have to keep buying (or add to its $300 bln announced intentions) Treasuries. The dollar has continued its comback on the remarks which can be found here. To...
Stops outweighing bids in USD/JPY
Dealers report heavy selling of USD/JPY which the bids at 97.50 have not quite been able to soak up, 42 the low so far. Corporate offers have been lowered so expect stiff resistance at 98.10/20 on any...