Greek Rescue Package
• British Pound Traders Prepare for Thursday’s Election and a Return to Trends
• Australian Dollar’s Strength Highly Susceptible to RBA Disappointment
• Canadian Dollar Dips on Sixth Monthly GDP Increase, Will Jobs Number Offer the Same?
Dollar Bullish Breakout Fully Disarmed after Market Absorbs Greek Fears, US GDP
Friday’s session was an unfavorable one for the US dollar even though scheduled event risk was largely supportive for the benchmark. It would be easy to simply attribute the currency’s third consecutive daily decline on progress founded in risk appetite; but sentiment trends have progressed little through the second half of the week. Since the mini market panic this past Wednesday, when Greece’s debt was lowered to junk status and a Portugal downgrade sparked fear that an isolated problem in the European Union was
• British Pound Traders Prepare for Thursday’s Election and a Return to Trends
• Australian Dollar’s Strength Highly Susceptible to RBA Disappointment
• Canadian Dollar Dips on Sixth Monthly GDP Increase, Will Jobs Number Offer the Same?
Dollar Bullish Breakout Fully Disarmed after Market Absorbs Greek Fears, US GDP
Friday’s session was an unfavorable one for the US dollar even though scheduled event risk was largely supportive for the benchmark. It would be easy to simply attribute the currency’s third consecutive daily decline on progress founded in risk appetite; but sentiment trends have progressed little through the second half of the week. Since the mini market panic this past Wednesday, when Greece’s debt was lowered to junk status and a Portugal downgrade sparked fear that an isolated problem in the European Union was