Daily FNArena News - Currencies
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Genuine USD Rally Remains Difficult Without Wholesale Risk Aversion
May 16 2011
John Kicklighter, Currency Strategist at FXCM, argues it is difficult to see the USD putting in a genuine rally without a general retreat in risk aversion worldwide.
Australian Dollar Objective Near 1.04
May 12 2011
Market analysts at FXCM suggest the technical target for the Australian dollar at present is 1.04 against the US dollar.
What If USD Downtrend Is Nearing Its End?
May 11 2011
Current US dollar weakness is similar to trends in 1995 and while the rationale for the weakness has been justified, ANZ cautions against assuming it will continue.
US Dollar Long Term Technical Implications
May 11 2011
Market analysts at FXCM see strong evidence suggesting the US dollar trend is reversing and a major low is forming.
Australian Dollar Bearish Engulfing On The Weekly
May 10 2011
Market analysts at FXCM note the Australian dollar has traced out a bearish engulfing pattern on the weekly chart, which suggests further weakness in coming days.
US Dollar: Is This The Long-Awaited Recovery Or A Temporary Bounce?
May 09 2011
Market analysts at FXCM suggest while fundamentals are becoming more supportive of the US dollar there are enough concerns to hesitate labelling recent gains as a true reversal in sentiment.
AUD Won’t Hold At 1.10, Predicts NAB
May 03 2011
National Australia Bank sees scope for continued short-term Australian dollar strength against the greenback and lifts forecasts accordingly.
Aussie On Its Way to 1.15, Predicts St George Bank
Apr 28 2011
St George Bank economists believe AUD/USD can hit 1.15 in the near term.
Conflicting Views On Outlook for Aussie Dollar
Apr 28 2011
Economists are at odds as to whether a stronger Aussie dollar is here to stay.
Fed Shows The US Dollar No Mercy
Apr 28 2011
Market analysts at FXCM warn the USD might be poised for a corrective rally, though the underlying trend remains down, down, down.
