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