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AUD and NZD: The Assault on USD from "Down Under"

by Ilian Yotov More from this expert: Articles Blogs Videos
Posted 2010/07/27 14:45:00, 0 Comments

In the broadcast today: With the AUD and NZD managing to break above mid-term resistance levels against the USD, we take a close look at the currencies "down under" ahead of the important economic events from Australia and New Zealand scheduled for release in the next 48 hours, we analyze the latest trend developments with the AUD/USD and NZD/USD currency pairs, we continue to monitor the bullish breakouts in the EUR/USD and GBP/USD pairs, we note the strengthening of the USD vs. JPY, we highlight the market's reaction to the German Gfk Consumer Sentiment, the U.S. Home Price Index and Consumer Confidence, we discuss new forecasts from Citigroup, Standard Bank and UBS, and prepare for the trading session ahead.

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