DJ Forex Focus
The Aussie dollar's bounce over the last few days is totally unconvincing. If anything, the currency's climb back over $0.90 makes it look even more ripe for selling.
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1 comment Confidence in the dollar should be growing. Over the last week, the risks of U.S. deflation have receded.
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0 comments The Swiss National Bank is slipping firmly between a rock and a very hard place. As the global recovery falters and concerns over the euro zone's debt funding problems return, the Swiss franc is once again on the rise.
0 comments Sterling may be one of the ugly sisters, but it isn't the ugliest. So, while it may now have seen the best of its recent gains against safe haven currencies, such as the dollar and the yen, it will still do better than others, such as the euro.
1 comment With the FOMC now out of the way, the euro zone's problems are coming back into focus. And for the euro, that is not good news.
0 comments Global currency tensions involving the U.S., Japan and China will get much worse in the months to come as all three try to stay competitive.
0 comments The dollar's recent "lose-lose" situation could well turn into a "win-win" one. At the moment, financial markets are heading into the Federal Open Market Committee later Tuesday expecting the Federal Reserve to confirm the worst.
0 comments All eyes are on the Canadian dollar as wheat prices soar. But, it is in emerging markets, especially in Asia, where the main gains might come.
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