DailyFX - Forex Market News

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• FOREX: Australian Dollar Outperforms as Japan Secures Two Nuclear Reactors
• USD Graphic Rewind: Dollar Index Takes Out 2010 Low As Eur/Usd Soars
• Euro Remains Well Bid on Hawkish ECB President Trichet Comments

FOREX: Australian Dollar Outperforms as Japan Secures Two Nuclear Reactors Posted: The Australian Dollar outperformed, buoyed by swelling risk appetite, as Japan brought two of six quake-damaged nuclear reactors under control.

USD Graphic Rewind: Dollar Index Takes Out 2010 Low As Eur/Usd Soars Posted: The buck was under pressure once again on Friday and took out the 2010 low as euro bulls drive toward 1.4280 highs….

Euro Remains Well Bid on Hawkish ECB President Trichet Comments Posted: The Euro is well bid and looks like it wants to test some key resistance from November 2010. Meanwhile, other currencies have found comfort in the Euro strength and are also responding to this price action…

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