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Forex Flash: Monday morning’s risk blues are blown away by easy money, yet again - Societe Generale

Kit Juckes, Global head of Currency Strategy at Societe Generale notes that the US equity market´s resilience and responsiveness to Bernanke´s magic may be familiar, but in none the less awesome for that.

He writes, “Sequester? Bah! Italian political gridlock? Humbug! The Monday morning blues that followed a weekend of poor news have been brushed aside and stocks are up, the dollar down across the board. Needless to say this doesn’t change strategic thinking much, if at all. It’s a reminder that selling expensive ‘risk on’ currencies and buying equities looks attractive, that’s all.”

Forex Flash: EUR & GBP prospects stay bearish - OCBC Bank

Emmanuel Ng of OCBC Bank notes that looking ahead, he still holds a bearish bias on EUR/USD and GBP/USD.
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Forex Flash: AUD strengthens following RBA decision - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the Australian dollar was strengthened modestly in the Asian trading session following the stronger than expected Australian retail sales report for January and the RBA’s decision to leave monetary policy unchanged at today’s meeting.
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