The News Review:

- FREX-Dollar yen fall sharply as risk appetite revives
- Media Alert: Forex Expert’s View of 2009
- FREX-Dlr yen retreat as bailouts soothe investor fears
- FREX-Dollar rallies vs euro on ECB move bank troubles
- FREX-Yen slips as stocks stabilise euro rebounds

FREX-Dollar yen fall sharply as risk appetite revives
Reuters 
The euro also was recovering from a sell-off in theprevious session as traders reassessed European Central BankPresident Jean-Claude Trichet’s comments following the ECB’sdecision to cut rates by a half percentage point to 2 percent. “We have a much healthier risk appetite. That’s definitelyhelping the euro” said Boris Schlossberg director of currencyresearch at GFT Forex in New York. The market was re-thinking the implications of comments onThursday by Trichet who said any further ECB rate cuts will bepostponed until March at the earliest and dismissed the idea ofcutting rates close to zero as the United States and Japanhad analysts said.

Media Alert: Forex Expert’s View of 2009
MSNBC 
“The good news about forex trading is that good opportunities are availablein today’s falling market caused by our ailing economy. However tradershave to be alert to what will happen globally when the markets improve andbe ready to act when key fundamental developments occur” says WayneMcDonell Chief Currency Coach of FX Bootcamp (.

FREX-Dlr yen retreat as bailouts soothe investor fears
Reuters 
government pledged fresh financial aid for Bank of America. Risk aversion calmed as Wall Street stocks snapped a six-daylosing streak to end modestly higher on Thursday.

FREX-Dollar rallies vs euro on ECB move bank troubles
Reuters 
stimulus hopes lift risk appetite (Recasts updates prices adds comment changes byline) By Steven C. Johnson NEW YRK Jan 15 (Reuters) – The euro traded near afive-week low against the dollar on Thursday as the EuropeanCentral Bank cut interest rates and left the door open tofurther borrowing cost reductions in the months ahead. The dollar meanwhile rose against the yen as hopes theU. government would give more money to troubled banks nudgedsome investors back into higher-risk assets such as stocks. The ECB cut rates by a half percentage point to 2 percentThursday matching a record low rate as price pressure easedand recession spread.
Related from Auctionsmonster: Brazil to offer $1 bln in 2nd repo auction on Wed (at Reuters) and …

FREX-Yen slips as stocks stabilise euro rebounds
Reuters UK UK 
stocks rose on optimism about a fresh stimuluspackage and its retreat against the euro helped the singlecurrency extend a rebound from a five-week low versus the dollar. Investors’ risk appetite recovered slightly after Wall Streetstocks snapped a six-day losing streak buoyed by hopes that theU.