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British Pound Will Follow The BoE Rate Decision Despite Forecasts

The British pound has charged ahead through the close of the week with a break to a two-month high against the US dollar and a near five-month high against…

Euro Strength Dependent On Outlook For Risk And Interest Rates

The pressure has seemingly been taken off the European economy with the announcement of bold policy objectives from the G20; and a smaller than expected…

Canadian Dollar May Reverse Gains as Recession Deepens

The Canadian Dollar will find its recent gains threatened as a busy data docket underscores both a weakening domestic economy and the deepening global…

Australian Dollar Threatened by Fading Risk Appetite, Surprise Rate Cut

The Australian Dollar’s five-week winning streak may be soon undone as mounting evidence suggests the Reserve Bank of Australia could surprise with a 0.25%…

Has Market Confidence Been Restored By The G20 Policy Sweep?

It has been said before the crisis the financial markets have been suffering for nearly 18 months now was one of confidence – or a lack thereof. That would…

Japanese Yen Could Rise Amid Technical Corrections

The Japanese yen was the worst-performing G10 currency through the past week’s trade, as a clear (if temporary) improvement in financial risk appetite…

US Dollar Could Resume Uptrend on Safe-Haven Demand This Week

The US dollar was driven lower throughout last week as increased risk appetite only worked to the benefit of high-yielding currencies, and by Friday, the…

New Zealand Dollar To Strengthen If Risk Trends Hold

Swiss Franc Vulnerable As SNB Pledges To Limit Gains