Danske Bank expects relative interest rates will be the primary driver of forex markets in 2011, a view that implies gains for the euro against the US dollar.
Wall Street again looked at local data and earnings for solace to post a slight gain despite protest deaths in Bahrain and Libya. Dow up 29.
Wall Street was back in buying mode last night on earnings and data, ignoring a provocative move from Iran. Dow up 61.
Stocks and commodities eased back last night after a good run with US data sufficient as an excuse. Dow down 41.
Market analysts at FXCM note from a technical perspective the Australian dollar has completed an intra month reversal, though 20 and 50-day averages continue to offer support.
It was a flat session on Wall Street but the S&P closed at 1332 compared to 666 in March 2009. (Locked for subscribers until 10:00 AEDST)
Market analysts at FXCM suggest investor risk appetite levels and currency markets threaten a trend defining reversal next week.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Market analysts at FXCM suggest recent forex moves indicate a breakout for the euro but the start of a correction in the Australian dollar.
Market analysts at GaveKal contemplate whether commodity prices might be peaking.