Trading news
Feb 6, 2013
Forex Flash: USD/Asua should head lower - RBS
RBS strategist Drew Brick thinks the market is getting ahead of itself; "there is little to suggest that we will get anything other than a continuation of easy money policies from the globe’s major central banks for so time to come."
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Feb 6, 2013
Forex: AUD/USD slips to session lows on weak Aus retail sales data
Aussie slips to fresh session lows, last at 1.0373, on weaker than expected retail sales figures, down -0.2% for the month of Dec on a monthly basis, coming from a previous of -0.1% (revised to -0.2%), making it fourth consecutive decreasing data since Oct. The Aus retail trade for the 4Q comes at +0.1% with previous revised down from -0.1% to -0.3%.
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