FX European Briefing 10.04.2011

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Talking Points Australian Dollar Sinks as RBA Opens the Door for Rate Cuts US Dollar Consolidates Gains in Quiet Overnight Trading Session EU Finance Ministers' Meeting in Focus as European Trade Begins ECB President Trichet, Fed Chairman Bernanke on Tap to Speak  Australian Dollar Sinks as RBA Opens Door to Interest Rate Cuts The Australian Dollar dropped in otherwise quiet Asian trade after the RBA opened the door for upcoming interest rate cuts, citing an improving inflation outlook. Read Full Article DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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