Currencies are back on the bid on Tuesday, with some notable interest in the Euro, after EU Juncker was out saying that EU FinMins had agreed that new measures on Greece needed to be taken by March 16.
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Australia’s Gross Domestic Product expanded 0.9 percent as expected in the fourth quarter, while the outcome for the three months through September 2009 was revised higher to 0.3 percent. Private-sector investment stood out as the most encoura
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Currencies are back on the bid on Tuesday, with some notable interest in the Euro, after EU Juncker was out saying that EU FinMins had agreed that new measures on Greece needed to be taken by March 16.
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The USD was slightly weaker in a thin Asian session, as volume remains light due to the Lunar new year. The AUD/USD opened in Sydney at 0.8880, but quickly climbed to 0.8960 as risk sentiment improved and the 0.8915 horizontal resistance gave-way (t
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On Monday, trading in major cross rates was confined to tight sideways ranges. The EU Finance Ministers didn't give additional details on the Greek support plan, but the euro managed to avoid further losses. This might suggest that the euro sell-off
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