| Global Interest Rates | |||
Australia |
3% | ||
Canada |
0.25% | ||
EMU |
1% | ||
Japan |
0.1% | ||
Swiss |
0.25% | ||
England |
0.5% | ||
US |
0.25% | ||
Although dollar has continued to gyrate inside the range of 95.87-98.30, as long as said support holds, upside bias remains for a rebound to 97.42/56 but above this resistance area is needed to signal another leg of upmove from 94.48 is under way for re-test of 98.30 and later towards 98.80/90.
Below 95.87 would risk a stronger pullback but only breach of pivotal support at 95.13 would extend weakness towards 94.48.