Currencies

Strong IP numbers sent Wall Street surging to its first triple-digit Dow move in a month – up 108.

Danske Bank expects further US dollar weakness in coming months as it has typically underperformed in an expansionary cycle, while Westpac sees further depreciation in the AUD/NZD rate.

Bernanke declared the recession over last night, so Wall Street bought it once more. Dow up 56.

Not just China, but Asia as a whole has been an important driver of the global recovery to date. Can this trend continue?

One year after Lehman, Wall Street pushed further into 2009 highs. Dow up 21.

Profit-taking and a sharp drop in oil prices offset an improvement in consumer confidence, with markets pulling back from 2009 highs.

It was another up day on Wall Street, ignoring a collapse in metal prices. Dow up 80.

The Fed Beige Book stymied last night’s rally on Wall Street although late buying saw the Dow close up 49.

Wall Street attempted to catch up to the rest of the world last night as the US dollar fell and commodity prices rose. Dow up 56.

Despite a slight dip at the end of August, long positions in pro-cyclical currencies are back on the rise.