Intraday Analysis from FXMarketAlerts.com
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Aussie holding above 0.9200, edging to 0.9210-14 from lows of 0.9203, while Kiwi remains weak at 0.7281-85, having dipped to 0.7274 from 0.7336 on broad based EUR, GBP, AUD, NZD sales, after Monday's recovery, boosted by risk appetite as stocks rally. Interest to sell EUR, AUD, GBP, NZD on rallies again, much like Friday's session, on risk aversion, as concerns turn to major banks again - more next on debt repayment - and given focus on WestLB, and health of banks, and with Nikkei falling to 4-month lows, triggering more risk aversion. Aust stocks now -0.27%, while Sing's FTSTI -0.14%, Dow -0.20%, S&P -0.18%. Could see more AUD, NZD sales on "nervous" sentiment. WL








