Political surprises have become less surprising in the last few years, but New Zealand provided a new government that could change how NZD trades going forward.
The U.S. Dollar has followed-thru with strength after last Friday's CPI report. Is this something that might last and, if so, where might traders want to look to best position for a continuation of USD strength?
The Canadian Dollar has found a new home as the weakest currency in the G8 SW report as Canada’s 2-year yield advantage to the US vanishes.
The Australian Dollar rose tepidly against its major counterparts following the release of the Reserve Bank of Australia’s Financial Stability Report.
After the FOMC minutes release showed persistent concern among Fed members about low inflation, the USD has failed to hold gains achieved earlier in the month.