Forex Flash: AUD/NZD should continue heading lower -TDS

According to Annette Beacher, TDS currency analyst, "while this week’s move in the AUDNZD from 1.225 to 1.235 is in the “wrong direction” of our short position, we keep the faith that relative central bank easing/tightening biases and therefore cash rate expectations remains supportive for the AUDNZD to head lower."

Feb 8, 2013

Forex: AUD/USD, breakout of 1.03 confirms bear domination

The bearish pressure in the Australian Dollar continues in crescendo, with the pair adding further losses to break into fresh lower ground - cheapest since Oct 25 - at 1.0270 before a consolidation just above it.

Forex: GBP/JPY off fresh 3-year highs below 148.00

GBP/JPY printed a fresh 3-year high at 147.97 during the incoming governor of the Bank of England Mark Carney's hearings before the U.K.’s Treasury Select Committee, by mid London session, just to sell off moments after on Yen strength, back to 146.00 round, being daily lows, same lows than Wednesday's. The cross is last at 146.91, a +0.75% higher for the week so far.