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7 Mar 2013

Forex Flash: Today's BoJ a non-event - BNZ

According to Craig Ebert, currency strategist at Bank of New Zealand, today's BoJ monetary policy decision, the last from outgoing gobernor Masaaki Shirakawa "should prove to be a non-event ahead of next month’s regime change to new Governor Kuroda" he notes.
Mar 7, 2013

Forex Flash: AUD/USD, short term downside risks intact - JPMorgan

From a technical perspective, JPMorgan still believes the short term downside risks in the AUD/USD will remain intact. In a research note published late last month, the bank thinks that the topside failure near 1.06 deteriorated the pair's outlook, noting that the key area still supporting the pair is 1.0150/00 zone.
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