Forex News: CHF Higher on Surprising GDP Figures

Source: feedproxy.google.com

The Swiss franc (CHF) received an increase in strength today, as Swiss GDP figures came in better than expected over the last quarter. The USD/CHF...


Read more...

  • Forex news: dollar slips vs majors on Asian stocks increase

    Thursday, during early Asian deals US currency lost ground against its main rivals as gains in Asian stocks boosted investors to turn toward higher-yielding assets. Asian shares edged up today as investors continued to favor riskier assets on further signs that the global economy is picking up,...

  • ECB’s Constancio says Europe inflation may be below expectations

    ECB’s Constancio feels euro zone inflation in 2009 may come in below expectations, but that it doesn’t mean deflation and no deflationary spiral is expected for 2010. Speaking at a banking conference the official said “Inflation levels now foreseen for this year are very low,...

  • 2-year note continues its climb in yields

    2-year notes yielded about 95 bp before the employment report last week. They yield an astounding 1.41% this afternoon. The back up in the short-end of the yield curve should help insulate the dollar in the near-term. USD/JPY is finding support on dips to the 98.20...

  • 10-year note auction so-so

    At a price, you can sell anything. The US Treasury had to pay 3.99% to sell $19 mln of 10-year notes. So far the dollar is holding up, perhaps supported by the higher yields. EUR/USD has fallen in to the 1.3960s after the auction. Update: Stocks have headed lower on the higher yield backdrop,...

  • Weekly Forex Market Forecast (January 16th – January 20th 2012)

    By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of January 16th – January 20th, with release times displayed for the GMT time zone. The list also...