In the Dollar’s advance to three-year highs, will the safe-haven currency continue this week with Chinese GDP data and Bernanke talking the taper?
Dollar Versus S&P 500 as Bernanke Threatens Another Bolt of Volatility
It was only a matter of time before the synchronized rally by the USDollar and S&P 500 suffered a fatality in the form of a reversal…
Lingering Portuguese Problems Weigh on Euro amid Light Docket
The Euro was the second worst performer last week, as the two sticky issues developing for the single currency…
Japanese Yen Not Done Yet – Potential for Further USDJPY Weakness
US Federal Reserve Chairman Ben Bernanke ended the Japanese Yen’s losing streak against the US Dollar, sending the USDJPY lower for the first week of the past four and leaving us in favor of further short-term declines…
British Pound Rebound to Accelerate on Faster Inflation, BoE Minutes
The British Pound snapped back from a fresh 2013 low of 1.4812 and the GBPUSD may continue to retrace the decline from earlier this year..
Gold Rally at Risk Ahead of Fed’s Beige Book, Bernanke Testimony
Gold is firmer this week with the precious metal rallying 4.74% to close at $1280 in New York on Friday, its largest weekly gain in nearly 2 years…
Australian Dollar May Rebound Absent Swell in Fed QE Taper Bets
The Australian Dollar may have scope to launch a recovery but the move may be undermined by another heavy well in Fed QE cutback speculation…
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