Currencies

In recent years the Australian dollar has demonstrated new found resilience and Westpac offers some perspectives on why this has occured and the implications.

Robert Clayton of GTL Management notes the Aussie is close to a clear break-up, although a bearish bias remains until that occurs.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Forex.com’s Kathleen Brooks lines up the positives and negatives from the EU Summit’s announcements.

Wall Street didn’t like that Obamacare was upheld and couldn’t see any progress in Brussels until a late report turned around an otherwise steep loss. Dow down 24. (Accessible only for subscribers before 10:15 AEDT)

Tonight’s EU summit already looks like being a stand-off, but it would not be advisable to go in short all the same. Dow up 92. (Accessible only for subscribers before 10:15 AEDT)

FOREX.com’s Kathleen Brooks explains why this latest European summit will be a major break-out event for the euro, one way or the other.

Wall Street stumbled along on local data news last night with the upcoming EU summit keeping traders poised. Dow up 32. (Accessible only for subscribers before 10:15 AEDT)

Spain has thrown in the towel and formally asked for a bail-out, joining Greece, Ireland and Portugal as the body count grows. Dow down 138. (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.