-
Wednesday, October 5, 2011 - 7:52am
How to Profit From Moody's Downgrade of Italy
Moody's Investors Service on Tuesday downgraded its ratings of Italian bonds to A2 with a negative outlook, down three levels from the previous rating of Aa2. Moody's Investors Service went on to say that all but the highest rated eurozone countries were also under pressure and could face future...
Read More >> -
Not Safe Havens
Wednesday, August 31, 2011 - 8:18amNicole Elliott from Mizuho made an interesting comment on CNBC Europe yesterday: Anything that can go down 10% in one week cannot be considered a safe haven...of course I am talking about the Swiss franc and gold. Both the franc and gold each had big drops (at different times) in August. Not...
Read More >> -
Gold/ Futures Divergence
Monday, August 22, 2011 - 1:59pmInteresting divergence between S&P 500 futs and gold today: Interesting times. With the Swiss franc and Yen seemingly off limit due to the thread of central bank intervention, it looks like gold could cement its place as the go to safe haven.
Read More >> -
Evidence of Tensions in The Banking Sector
Thursday, August 18, 2011 - 8:53amEUR/USD The Euro initially dipped sharply to lows below 1.4350 against the dollar on Wednesday with the currency undermined by sharp losses against the Swiss franc as there was no move to introduce a franc peg. The Euro regained ground strongly and pushed to a high just above 1.45 as the dollar...
Read More >> -
Forex Strategy Outlook: US Dollar Volatility Favors Breakout Trading
Monday, August 15, 2011 - 10:00amExchange rate volatility expectations suggest that the US Dollar and Swiss Franc could see significant swings in the week ahead, favoring volatility-friendly breakout strategies and warning against range trading techniques. DailyFX Individual Currenc... Go to http://SwingTradingDaily.com for full...
Read More >> -
SNB Invervention Threats Gather Steam as Franc Target Rate is Floated
Monday, August 15, 2011 - 9:35amThe Swiss Franc continued its rapid deterioration as reports emerged that the Swiss National Bank was preparing to set a temporary target exchange rate against the Euro. Fundamental Headlines • Swiss Franc Slides Amid Target-Setting Talk – Bloomberg • U.S. Stock Futures Climb; S&P 500 May...
Read More >> -
SNB Invervention Threats Gather Steam as Franc Target Rate is Floated
Monday, August 15, 2011 - 9:35amExchange rate volatility expectations suggest that the US Dollar and Swiss Franc could see significant swings in the week ahead, favoring volatility-friendly breakout strategies and warning against range trading techniques. DailyFX Individual Currenc... Go to http://SwingTradingDaily.com for full...
Read More >> -
Friday, August 12, 2011 - 6:57am
Profiting from the Zero Growth French Economy
The French economy unexpectedly stagnated during the 2nd quarter, according to France's National Institute of Statistics and Economic Studies, which reported that France's 2nd quarter economic growth rate was 0% and that consumer spending fell 0.9%. The news is troubling because France is the...
Read More >> -
Following Swiss Lead, Japanese Move to Stem Yen Strength
Thursday, August 4, 2011 - 6:48amA day after Switzerland acted to weaken the Franc, Japan moved Thursday to tame the Yen's strength by selling one trillion Yen, or more than $12 billion. Japan's action today sent the dollar up against the Yen and most major currencies, including the Euro and Pound Sterling. Finance officials have...
Read More >> -
Tuesday, July 5, 2011 - 4:09pm
Hide In The Swiss Franc
With concerns about the U.S. debt ceiling and European bailouts continuing to persist, many investors are looking for ways to hedge against the falling euro and greenback. Gold has become a popular investment for many, but it's not the only game in town. One answer could lie with the Swiss Franc...
Read More >>
