currency or its association with economy

[Stan]

Ciao,

you should look at this piece of information
Gains in the FX market were
more muted than equities, with the dollar index barley falling as investors
clearly remain wary of risk currencies.
XAUUSD has traded in a fairly tight
range all week – except for a slid last night to around 1634.34
The IMF
raised its world growth projection to 3.5% in 2012 from the prior estimate of
3.3% with the U.S. economy expected to grow at 2.1% this year from the prior
1.8% forecast.
Equity markets in Asia are following the positive lead of
US and European stock markets on the back of a reasonably positive Spanish
bill auction, strong Eurozone data, the IMF raising its forecasts and a
hawkish tone from the Bank of Canada.
In Europe, CPI remained held steady
at 2.7% y/y which is well above the ECB’s target rate and the April ZEW
survey results showed unexpected improvement in Germany and the Euro zone.

Thus, it will be interesting to see if the aussie can hold its ground against
the dollar.
Sentiment was broadly higher and the dollar was mostly softer
after positive developments in Europe,
an upward revision to the IMF’s
world growth projection, mixed U.S. housing data, and a hawkish tone from the
Bank of Canada.
Sovereign yield spreads eased after Spain had a better
than expected bill auction and ECB officials (Ordonez, Constancio) reaffirmed
their confidence in Spain.
but we are looking for confirmation from a
break of the overnight high around 1.0420 before a technical push towards the
1.0450 level.
The IMF raised its world growth projection to 3.5% in 2012
from the prior estimate of 3.3% with the U.S. economy expected to grow at
2.1% this year from the prior 1.8% forecast.
Sovereign yield spreads eased
after Spain had a better than expected bill auction and ECB officials
(Ordonez, Constancio) reaffirmed their confidence in Spain.
;
Therefore this sample source sounds interesting
Thus, it will be interesting to see
if the aussie can hold its ground against the dollar.
XAUUSD has traded in
a fairly tight range all week – except for a slid last night to around
1634.34
UST yields are higher across the curve and 10-year yields are
testing the pivotal 2.00% level, and the dollar index is lower after being
rejected from bearish channel resistance yesterday.
Thus, it will be
interesting to see if the aussie can hold its ground against the dollar.

The euro was also bolstered by the German April survey, with the current
situation index rising to 40.7 from 37.6
Recently, a push above 1.0400 for
AUDUSD has sent the pair towards a major resistance line around 1.0450,

Recently, a push above 1.0400 for AUDUSD has sent the pair towards a major
resistance line around 1.0450,
The improved assessment helped to support
overall risk sentiment.
UST yields are higher across the curve and 10-year
yields are testing the pivotal 2.00% level, and the dollar index is lower
after being rejected from bearish channel resistance yesterday.
U.S.
equities rallied sharply with the DJIA finishing up by about +1.50% and the
S&P 500 advancing by around +1.54% to close the day,
;
how did you cope with the currency administration?

Thanks