AUDUSD breaks above 0.9541 previous high < Greenback Falls as Oil Surges < The Week Ahead updated May 16, 2008 < EURUSD Turns the Trend Up on Surging Crude and Falling Consumer Confidence < Dollar falls on lower consumer confidence, soaring oil < Confidence Slumps to 28-year Low < Dollar falls on weak University of Michigan survey and non-farm payrolls rumours - May 16 < Daily currency analysis - May 16 < Chart of the Day - 5/16/2008 - AUD/NZD < Bottoms up?! <

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Hideaki Inoue, chief manager of forex trading at Mitsubishi UFJ Trust and Banking Corp

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09 May 2008 @ 06:36 am EST

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The Guardian - "Trichet stuck to inflation concerns but the markets are looking ahead to worsening economic conditions in the euro zone. That puts a drag on the euro's rebound, and it will test $1.52 next week when European financial institutions issue earnings reports."

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Analysts Comments

Hideaki Inoue, chief manager of forex trading at Mitsubishi UFJ Trust and Banking Corp

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