Draghi has cancelled his appearance at the Fed symposium to concentrate on the mission ahead. Dow down 21. (Accessible only for subscribers before 10:15 AEDT)
Robert Clayton of GTL Management sees the AUDUSD continuing to correct in a bearish manner.
No new news, no volume, no incentives ahead of central bank meetings. Dow down 33. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The St Louis Fed president last night shot down the heightened QE3 expectations emanating from the release of the minutes of the last Fed meeting the night before. Dow down 115. (Accessible only for subscribers before 10:15 AEDT)
The Chartist reports that while the trend for the EURUSD remains negative, there is the possibility a bottom has been put in place.
The Fed minutes suggest QE3 may be a lot closer than thought. At least, that’s what it seemed a month ago. Dow down 30. (Accessible only for subscribers before 10:15 AEDT)
CIBC sees possible further gains for the US dollar, limited upside for commodity currencies and the euro and further strength in the yen.
Wall Street pushed above its previous closing highs last night on more euro-speculation, only to trigger profit-taking. Dow down 68. (Accessible only for subscribers before 10:15 AEDT)
This week ATW’s Jerry Simmons fixes his sight on currency charts, seeing signs in currency movements that a global equities bull market may be nearing.