Forex Bull

After rising nearly 20% over the last three years, the RMB has virtually stopped appreciating against the US Dollar, perhaps as a result of the credit crisis. At the same time, the US exports sector- previously one of the few bright spots of the sagging economy- has begun to stall

Next week?s economic calendar is conspicuously uneventful, once again leaving the Australian dollar at the mercy of market risk sentiment.

Next week?s economic calendar is conspicuously uneventful, once again leaving the Australian dollar at the mercy of market risk sentiment.

The New Zealand dollar slipped to a six-year low against the greenback as commodity prices tumbled lower this week, and may fall further over the following week as risk aversion continues to drive price action in the currency market.

The New Zealand dollar slipped to a six-year low against the greenback as commodity prices tumbled lower this week, and may fall further over the following week as risk aversion continues to drive price action in the currency market.

The Swiss National Bank surprised markets with a 100 bps reduction in its benchmark interest rate as the economic growth outlook for the country worsened.

Volatility is extraordinarily high, not only in the currency market, but across all asset classes. However, for the past four weeks, price action has come without trend and in some cases it has consolidated into tight ranges.

Volatility is extraordinarily high, not only in the currency market, but across all asset classes. However, for the past four weeks, price action has come without trend and in some cases it has consolidated into tight ranges.

The US dollar is at a crossroads this week. On the one hand, congestion has been the rule of thumb for much of the currency market.

The US dollar is at a crossroads this week. On the one hand, congestion has been the rule of thumb for much of the currency market.