Risk aversion revives the dollar's safe-haven status. Fundamental traders starting to take tabs on where each country is on the recession curve.
Stories to watch on DailyFX
· Congestion threatens to turn to breakouts as currency market volatility soares. · A steady rise in volatility coupled with a fading interest rate expectations and rate expectations leading DailyFX Analysts to Aussie and Kiwi dollar breakouts. Send any comments or questions to jkicklighter@dailyfx.com.