Forex Flash: AUD/USD to stay near 1.05 next few quarters - ANZ

FXstreet.com (Barcelona) - ANZ continues its calls for an exchange rate of 1.05 on AUD/USD 0.84 on NZD/USD for another few quarters, "expecting both currencies to remain at high levels for at least another year" ANZ says.

"We are resigned to the fact that global financial markets will be flush with liquidity for some time to come, in part a consequence of the BOJ’s new monetary policy" notes ANZ.

Apr 29, 2013

Forex: EUR/JPY down below 127.50 on Yen strength

EUR/JPY is last at 127.22, off session and fresh 8-day lows at 127.04, on the back of Yen strength, following USD/JPY sell-off to fresh session lows at around 97.32. Yen is the strongest currency among majors for last 2 trading days, while USD is the weakest, followed by Swiss Franc, Euro and Aussie.

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Apr 29, 2013

Forex: EUR/USD – The week we’ve all been waiting for? ECB and Fed meetings on tap

EUR/USD has started the week off on a strong note, benefiting from the headlines that Enrico Letta has been elected as the new Italian Prime Minister. At one point earlier in the session, the pair had traded as high as 1.3068, but is now back to consolidating near the opening print of 1.3050. .

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