"Richard Grace" (c.1612–1691) was an Irish Royalist soldier who fought for Charles I of England/Charles I, Charles II of England/Charles II and James II of England/James II.

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There will be less reasons for the Reserve Bank to hike and less reasons to support the Australian dollar. We'll finish the week lower.

There's a risk the statement will be watered down. This will be negative for interest rates, the yield gap will narrow further, and the Australian dollar will go down.

The U.S. dollar trend is going to rise through the end of the first quarter of 2006. Until it becomes clear the Fed is finished tightening rates, I don't think we will see a change in the trend.

Commodity prices have fallen for two days in a row, with the falls including gold and base metals.

In terms of the yen, we think there still remains the carry trade. The yen looks weak today.

The safer bet is to assume the Australian dollar will decline and begin to trend lower. Because 75.80 cents has held so well for the last few months, people are paying attention to this key technical level.

The Australian dollar could head higher this week. The CPI will be on the strong side, so we might get some interest rate-expectations creep in.

The Australian dollar's downward trend is still in place. From a technical perspective, the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend.

From a technical perspective the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend. The Australian dollar's downward trend is still in place.