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Video: FX Update - Risk rally tiring?
The ECB meeting hardly ruffled a feather as EURUSD survived a support test but didn't exactly rally in the wake of Trichet's rhetoric. Meanwhile, the continued rally in oil price may be behing a bit of a consolidation in risk trades, which took some of the froth out of the Aussie rally. Are the bulls pausing for breath or is there reason for further caution?
16:21 minutes
Tags: AUD, BoE, CAD, ECB, EUR, Fed, GBP, JPY, MXN, NZD, Trichet, USD, forex, johnjhardy, reutersfx
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