The Sterling is hands down the currency running away from the FX pack in an upside direction, while the opposite is true about the New Zealand Dollar. The rest of currencies indices, when crosschecking its performance against a basket of G8 FX, are still sandwiched in rather compressed ranges, with the exception of the Aussie, as sellers start to make further strides after the conviction of another rate cut by the RBA in October gets priced into the Oceanic currency. The USD continues to show a benign technical picture in the index, which should bode well for the currency next week as the market readjusts the neutral ... (full story)