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Ashley Davies in Wikipedia
FOMC is the major focus for most of the major currencies this week.
On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures.
A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy. We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.
We remain long dollar/yen from 116.70 heading into the new year.
The New Zealand dollar is at risk of disappointment at the Reserve Bank of New Zealand meeting and the New Zealand economy is likely to slow sharply next year.
Words have no wings but they can fly a thousand miles
If sex and creativity are often seen by dictators as subversive activities, it's because they lead to the knowledge that you own your own body (and with it your own voice), and that's the most revolutionary insight of all.
(March 26, 1942 - )
For fools rush in where angels fear to tread