Congestion over the first half of this month has not sat well with the Australian and New Zealand dollar crosses. With underlying volatility still extraordinarily high and interest rate - as well as growth - expectations deteriorating rapidly, these high yielding currencies threaten to revive momentum and trends at any moment. See what our DailyFX Analysts expect in terms of activity and direction from these unpredictable currencies. Questions about these picks? Visit the DailyFX forum for a Q&A with the Analysts.
Friday, November 14, 2008
Renewed Volatility Recharges Australian And New Zealand Dollar Breakout Potential
Posted by Qamar Ghauri at 10:04 AM
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