Daily Report: Aussie Soars on Strong China Data

Tuesday, March 9th, 2010

Australian dollar rode on strong trade data from China and surged across the board in Asia today. Chinese exports rose an impressive 45.7% in February, well past expectations, after another strong jump of 86% in January

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Daily Report: Aussie Soars on Strong China Data

Profit Taking Helps USD

Monday, March 8th, 2010

U.S. Dollar Trading (USD) gained across the board as profit taking hit the majors after stock markets stalled and Gold slipped back on decreasing sovereign credit risk.

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Profit Taking Helps USD

USDJPY Spiking Higher – Why?

Thursday, March 4th, 2010

BoJ Board Member was out overnight with rather sharp comments on the lay of the monetary policy land, as he stressed that fiscal discipline at this point is more important than monetary easing.

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USDJPY Spiking Higher – Why?