The Reserve Bank of Australia defied expectations and left rates on hold earlier today. This has lifted the Australian dollar back to yesterday’s …
The main story today is not that the ECB will no longer (as of February 11) accept Greek government bonds as collateral and …
The powerful bout of long dollar liquidation, spurred by optimism that the new Greek government had moved away from its posturing about debt …
The euro, sterling and yen remain confined to their recent ranges, while the Australian and New Zealand dollars succumbed to selling pressure. The …
On days that the Federal Reserve issues its statement that tends to be the main highlight of the trading session. However, with expectations …
The US dollar is sporting a slightly softer profile, but the price action is really more of a consolidation than a trend reversal. …