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Today's All Things Forex Broadcast: AUD, NZD and CAD: Commodity Currencies' Rally in Danger?

Oct. 28, 2009 2:16 PM ETGOLD
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In the broadcast today: AUD, NZD and CAD: Commodity Currencies' Rally in Danger? We focus on the AUD, NZD and CAD where some interesting trend developments could pose real danger to the rally of the commodity currencies against the USD, we analyze the USD/CAD, AUD/USD and NZD/USD currency pairs, we examine this week's risk averse environment leading to the expected strengthening of the USD and other lower yielding currencies such as the GBP and the JPY, we take a close look at the NZD ahead of Reserve Bank of New Zealand's interest rate announcement, we highlight the market's reaction to the U.S. Durable Goods Orders and New Home Sales, we discuss new forecasts from UBS and Pacific Investment Management Co., and prepare for the important economic reports scheduled for release in the trading session ahead.

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