Wednesday, September 15, 2010
11:04 PM | 
Posted by
Forex school |
Kiwi Stands Out Ahead of European Trade; Yen Finding Renewed Bids. http://ow.ly/2F2fl
China will pay close attention to the $39 billion bid that top global miner BHP Billiton is making for the world's biggest fertilizer maker. http://ow.ly/2Es0u
Price action in early Asian trade has been all about the Yen, with all other major currencies taking a backseat after the Bank of Japan finally moved to actively intervene in the FX market. http://ow.ly/2ErUv
Tuesday, September 14, 2010
The NZD/USD was sunk in early trading by a unexpected decline in retail sales which added to the case for an RBNZ rate hold as tomorrow’s policy meeting. http://ow.ly/2E9YB
Risk aversion looks to have regained its footing during the overnight trade as most major currencies pushed lower against the Japanese yen. http://ow.ly/2E0Hi
All of the focus in Tuesday trade thus far has been on the Japanese DPJ election, with the result sure to have an influence in the direction of the Yen. http://ow.ly/2DRVd
Monday, September 13, 2010
All major currencies pushed higher against the greenback ahead of the monthly budget statement from the world’s largest economy. http://ow.ly/2DoDl
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