Currencies

Wall Street is now poised between what might either be disaster or blessed relief over the weekend with regards to Greece. Dow up 68.

A snapshot of economist responses to yesterday’s speech by RBA governor Glenn Stevens.

The Chartist sticks to a positive view on AUD/USD, but support at 1.02 needs to hold.

The postponement of a solution for Greece sparked mayhem last night, all the way to riots in the streets of Athens. Dow down 178.

Global markets liked the not-as-bad-as-feared Chinese numbers and US retail sales gave Wall Street a kicker last night. Dow up 123.

Weak Chinese trade data were just one element spooking Wall Street on Friday. Dow down 172. (Locked for subscribers until 10:00 AEDT)

Market analysts at FXCM expect any consolidation in the US dollar will be short-lived as investor risk-taking behaviour is likely to shift.

Wall Street broke a six-day losing streak last night with a tempered bounce following positive trade data. Dow up 75.

The Australian Institute of Management’s National Salary Survey showed a skilled shortage is generating increasing wage pressures, forcing companies to become more flexible.

Market analysts at FXCM note the Australian dollar is again testing 106 against the US dollar, taking the view this level is unlikely to hold yet again.