A quiet end to a quiet week in the land of forex. There has been some movement, however, with the Aussie dollar rising to a three-week peak versus its U.S. counterpart, and with EUR-CHF rebounding form a brief test-of-the-waters below 1.0800. The Aussie has been bid in the wake of the Fed's measured guidance after it hit the rate lift-off button on Dec-16, subsequently aided by signs that Beijing is headed for the stimulus spigot again -- a backdrop that has help commodity markets find a footing after a bearish year.
from RSS Feed http://ift.tt/1mkEwh5
via IFTTT
No comments:
Post a Comment