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Forex Trading Fundamental Analysis (2010/09/20) Central Bank Event Risk

The greenback was squarely on the defensive last week until reports that Ireland is at risk of a default led to a bout of risk aversion on Friday which, coupled with all the central banker activity due out this week, caused the dollar to get a safe-haven induced bid. RBA governor Stevens starts out the proceedings with a speech on Sunday night, and that is followed by the release of their monetary policy meeting minutes on Monday night. Not to be left out, the FED chimes in with their FOMC statement on Tuesday afternoon and the British release their MPC meeting minutes on Wednesday morning. For more on central bank event risk, please click here.