FXstreet.com (Buenos Aires) - Dollar extended losses against major rivals past Wednesday, and early Asia most currencies remains consolidating close to year highs against greenback; the Pound is the only exception, as market player are waiting for early Thursday's BOE decision regarding monetary policy: rumors or an interbank rate cut, or an extension of quantitative easing, are keeping Gbp from running following market risk appetite mood.
But Euro, Swiss Franc, New Zealand dollar, and Australian dollar keep consolidating a few pips away from this year highs, suggesting dollar fall is not over. Japanese yen and Canadian dollar are also quite strong against greenback, but still far from yearly highs.
Majors remain also choppy, waiting for regional stocks that have a positive cue from Wall Street, and will likely follow indexes as usual these days.
Early session also, the RBNZ left rates unchanged at 2.5% but retained easing bias, while governor Bollard state that a high NZD threatens economic recovery; chances of intervention against this risk appetite euphoria increase across the world. Canada will also publish their rates on Thursday.