NZD

Dollar Slips after Fed Forecasts Turn Slightly More Hawkish?
Commodities

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Dollar Slips after Fed Forecasts Turn Slightly More Hawkish? British Pound Resilient Despite Double Dip Recession New Zealand Dollar Advances after RBNZ’s Slightly More Dovish Tack Japanese Yen Gains Despite Positive Risk Sentiment Euro: ECB President Draghi Eases His Inflation Tone Canadian Dollar Looking to Capitalize on Break to 7-Month High Gold Recovers from Yet Another Early Fall Thanks to the Dollar Dollar Slips after Fed Forecasts Turn Slightly More

NZ Dollar Rallies as RBNZ Holds Rates
Commodities

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THE TAKEAWAY: RBNZ holds rates at 2.50% > RBNZ wait-and-see approach contrasts with RBA’s dovish bias > Kiwi strengthens

Euro Under Intense Pressure in Monday Trade; Below 1.3125 Accelerates
Currencies

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Euro reverses course in early weekly trade Softer round of Eurozone PMIs weigh heavily on risk appetite Global equities also trade with heavy tone US Dollar and Japanese Yen prime beneficiaries Eurozone sovereign debt highest since Euro established Currencies were under pressure for the entire European session, with the safe haven US Dollar and Japanese Yen benefitting from the risk off trade. The pullback in the Euro has been quite