Barclays are presently in talks with Blackrock, others on BGI sale. As Jamie mentioned over the weekend, at some juncture there should be some positive M&A flows for sterling coming out of this situation. But not yet.
Barclays in talks with Blackrock, others on BGI sale
Source: www.forexlive.com
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SECO Upgrades Swiss GDP Outlook; Sees Sluggish Recovery
(RTTNews) – Tuesday, the State Secretariat for Economic Affairs raised Switzerland’s economic outlook, while forecasting the recovery to remain sluggish next year. The expert group of the Federal Government expects the economy to shrink 1.7% during 2009, better than the 2.7% decline...
USDCHF rebounded from 0.9497
Being supported by 0.9463 (Oct 14 low), USDCHF rebounded from 0.9497 and broke above the downtrend line on 4-hour chart, suggesting that a...
Dollar and Yen Fall Further after Solid ISM Manufacturing Report
Dollar and yen extends recent fall today on the back of solid Manufacturing data from UK, Eurozone and China. While some hesitation is seen in early US session, stocks regathers momentum after ISM Manufacturing index came in above expectation. Dollar and yen are back under pressure. The headline...
USD/CHF Mid-Day Outlook - Forex Trading, Currency Forecast, FX ...
USD/CHF recovers in early US session but after all it's still limited below 1.0224 minor resistance. Intraday bias remains mildly on the downside for the moment and fall from 1.0337 might extend further. But still, downside should be contained above 1.0032 support and bring rise resumption. Above...
AUDUSD broke below 0.9724 support
AUDUSD broke below 0.9724 support, suggesting that the downtrend from 1.0182 has resumed. Deeper decline towards 0.9651 key support could be...