Correlation « AutomaticForex

Dollar Steady in its Bullish Bearing Despite a notable Rally from the S&P 500

By zagros,on November 25th,2010%

• Euro Selling Subsists through Correction in Risk Trends,Fundamental Gravity Increasing

• British Pound Steady in the Face of GDP Figures that Hint at Trouble Ahead

• Japanese Yen Pairs Nicely with Risk Trends as the Carry Influence Leverages Correlation

• Australian Dollar’s Risk-based Rally Unencumbered by Disappointing Growth Data

• Canadian Dollar:Is . . . →Read More:Dollar Steady in its Bullish Bearing Despite a notable Rally from the S&P 500

British Pound Finds Bid on Broader Optimism but Downside Risks Remain with Cloudy Yield Outlook

By zagros,on November 25th,2010%

The GBP/USD is consolidating recent losses as fears over Ireland begin to subside opening the door for a return of risk appetite. Strong fundamentals from the Euro-zone and the U.S. are also adding to growing optimism.

GBP/USD

The GBP/USD is consolidating recent losses as fears over Ireland begin to subside opening . . . →Read More:British Pound Finds Bid on Broader Optimism but Downside Risks Remain with Cloudy Yield Outlook