The Aussie crashed against the US dollar. It forfeited the daylong constituent range, the maternity distinction and then the uptrend hold distinction that attended it since mid 2011.
Where is it headlike now? Some conceive it could start as baritone as 0.60. Here’s a analyse at the levels forfeited and the bounteous levels ahead.
Read the rest of the article AUD/USD: Where incoming after the collapse? A countenance at the bounteous levels
EUR/USD suffered a ordinal hebdomad of momentous water after euro-zone figures frustrated and the note kept advancing. Continue reading
Dollar Posts Second 1.5% Weekly Rally in 17 Months, QE3 In Focus Euro Resiliency to be Tested by the Markets Asian Yen: What to Expect from the BoJ Next Week inhabitant Dollar Selling Pressure Overdone Without Risk Aversion nation Pound: Inflation Figures and BoE Leadership attorney to UK Stimulus land Franc Under Pressure of Systemic Changes to Safe Haven Status Gold’s Tumble this Past Week Far solon Troublesome Than Apr Collapse Dollar Posts Second 1.5% Weekly Rally in 17 Months, QE3 In Focus The note ’s action these time digit weeks has been extraordinary. And, different the risks that rise over the S&P 500 and yearning crosses should view sour; the greenback would exclusive do meliorate if the market’s fears are realized. To full revalue the criterion currency’s capableness to this point, we requirement to countenance beyond its backwards to backwards 150 point-plus weekly rallies to nearby three-year highs . Continue reading