Forex Market Insight Report 05/04/2011
The Forex Market Insight Report shows charts on different major currencies and commodities, with brief commentaries on how new data releases and news cause movements in the market.
HEADLINES:
- AUD backs away from record highs as the market awaits RBA decision today.
- Market treads water awaiting interest rate decisions from RBA, ECB and BoE
- Construction numbers out of the UK showed solid signs of recover.
- Across the board commodity saw prices rally
- Oil yet again surged as tensions escalated in the Middle East
- Equity markets had a flat day with the Dow up 0.2%, S&P closing flat along with the Nasdaq
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