Stocks and Dollars

AUDUSD The pair rallied strongly higher during Wednesday trading session breaking above its Nov 25’2011 high at 1.0106 and its daily 200 ema at 1.0236 to test a high of 1.0330. This is coming on the back of its corrective recovery started from the 0.9663 level on Nov 23’2011.

The start of a new month brings the usual tidal wave of manufacturing PMI data from across the globe. Most scrutinised was the China data, with both the official and HSBC equivalent on tap, following a weak flash estimate from HSBC last week and rumours in Asia yesterday of a

Yesterday saw a big rally in equity markets and a rebound in the euro prompted by an announcement from six of the largest central banks that they were making more liquidity available to money markets. This by itself of course doesn’t solve the current crisis. However, it at least suggests

Oil prices edged higher to near $101 a barrel Thursday in Asia amid a surge in global equities after the central banks of most of the world’s biggest economies pledged to lower borrowing costs.Benchmark …

While the price moves within the limits of the forecast. Presumably, the impulse (iii) of [c] of X is formed. If the assumption is true, within the limits of its complete set falling of the price, most likely will proceed.

The U.S. dollar was sent sharply lower today as six of the world’s largest central banks Fed, ECB, SNB, BoE, BoC, and BoJ, coordinated to lower USD swap rates by 50bps and extended the swap lines until Feb. 2013. This came on the back of last night’s PBoC RRR

Euro 1.3445 Initial support at 1.3395 followed by 1.3370 (Oct 6 low). Initial resistance is now located at 1.3530 followed by 1.3570

U.S. Dollar Trading (USD) plummeted across all majors and commodities as the world’s central banks joined forces to prompt an epic relief rally. Central banks around the globe announced a co-ordinated plan to ensure cheaper dollar funding for European banks in an attempt to thaw out liquidity channels. Prior to