Australian Business Confidence Sinks to Lowest in 11 Years
Australian Business Confidence fell to the lowest level in at least 11 years and the worst on record according to National Australia Bank, printing at…  Forex - Australian Business Confidence Sinks to Lowest in 11 Years Australian
strategist@dailyfx.com (Ilya Spivak, Currency Analyst)

Euro Remains Heavy As ECB President Trichet Reiterates Dovish Bias
Despite a surge in the euro at the start of trading on Sunday, the currency eventually floundered during Monday s US trading session amidst dovish comments…  Forex - Australian Business Confidence Sinks to Lowest in 11 Years Australian
strategist@dailyfx.com (Terri Belkas, Currency Strategist)

Sterling Remains Under Pressure
Underlying Sterling confidence will remain weak in the short term as major economic stresses continue. The global downturn should still provide some protection in relative terms. After testing record lows beyond 0.82 against the Euro, the UK currency found some support on Monday, but was still generally on the defensive…