| AUDNZD Channel Offers a Risky Range Setup (Daily FX) Liquidity and volatility were critical elements to price action this past week; but how will they factor in next week? While activity was high; we were generally able to avoid reviving major trends in either risk appetite or benchmarking growth forecasts. us.rd.yahoo.com |
Swiss Franc Gains As SNB Keeps Rates Unchanged, Raises Infaltion Expectations (Daily FX) The Swiss National Bank left their three month Libor rate unchanged at 0.25% at its quarterly monetary policy meeting stating that prevailing uncertainty over future growth warranted a "cautious" stance. us.rd.yahoo.com |
Infratil bails out of German airport investment Listed infrastructure investor Infratil has called time on its investment in Lubeck Airport in northern Germany.Infratil said that on Friday it exercised a put option regarding its 90 per cent shareholding in the airport, and... nzherald.co.nz |
US Manufacturing Cools from Three-and-a-half Year High (Daily FX) Bullish economists and market participants have had to look for fuel to a sustainable recovery outside the purview of consumer spending. American’s consumption habits account for approximately 75 percent of overall growth; and the burden of a 26-year high in unemployment, shrinking wages and anemic levels of confidence do not set a precedence for a strong return to expansion heading into 2010. us.rd.yahoo.com |
Swiss Franc to Follow Stocks Lower on Fading Risk Appetite (Daily FX) Swiss Franc to Follow Stocks Lower on Fading Risk Appetite Fundamental Forecast for Swiss Franc: Bearish - Speculative Sentiment Points to Bullish Swiss Franc Outlook - USDCHF Seen as Best Vehicle to Trade US Dollar Rebound The Swiss Franc may face selling pressure as prices look past an uneventful economic calendar to take directional cues from fading risk appetite amid a flurry of market-moving the fourth quarter earnings announcements. us.rd.yahoo.com |