Thomas Jordan, acting chairman, says bank has come under domestic political pressure over the potential cost of further interventions
SNB head warns of political fallout after crisis
Source: www.ft.com
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Gold Zooms Towards $1000/oz
By Fast Brokers - Gold is topping out after making an incredible bull move on Friday. The precious metal seemed to have...
US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that...
WORLD FOREX: Yen Firm As Dollar Remains Under Pressure
By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The yen has risen to its highest level in more than a week as the greenback remains under broad ... See all stories on this...
ForexAutomaton 2011. The Third Annual Summary of Research Progress.
The third year of ForexAutomaton's life has come to a closure. As usual, presented here is the summary of main problems that occupied me during the year, and the main achievements. For the first time, the annual report includes reviews of the actual trading and forecasting systems which have been...
The EUR/USD Still Trades In A range
With the recent volatility in the forex market, one currency pair seems to stand out: the EUR/USD. This pair has been range-trading for the previous week as the two currencies struggle for dominance of the currency market. With this weekend’s G8 summit on the global financial system, traders...