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Stock recovery lost on FX markets, Aussie at risk into Easter.

From vantagefx.com

There is no point arguing with the market because the market is the market and prices go where prices go but if you needed to know the strength and depth of the relationship between free money and stocks all you had to do was observe the markets reaction to the comments from Fed Chair Yellen that implied that rates will not rise until 2016. You can read the speech here and you can see this great chart from my colleague at Business Insider US Sam Ro which shows just how weak the earnings cycle is. What that means is that at some point reality might win out on stocks and with that risk assets like the Aussie dollar ... (full story)

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