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Monday, July 5, 2010

Dollar Enjoys a Modest Bounce During Holiday Periods, How Will it Perform When Risk Trends Return

• Euro Responds to Better Investor Sentiment and Retail Sales Data, Awaits Dollar for True Trend
• British Pound Slips as Budget Cuts Threaten Already Anemic Growth in the UK
• Australian Dollar Traders Await a Signal from the RBA, Expectations are Already Restrained
• New Zealand Dollar Dulls on Risk Appetite, Looks for Business Confidence to Support Rate Policy

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[Source: DailyFX Forex Market News]

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