Bearish Dollar Will Try and Recover Losses Today
Following yesterday's bearish downturn for the U.S. Dollar, the greenback will try and recover some of its losses with the help of several critical economic indicators today. Both the U.S. Trade Balance Report and this week's unemployment claims are likely to have an impact on Dollar positions. Whether or not they can provide USD with the necessary momentum to reverse its current direction is yet to be known.
| 全文内容 | | | 最新消息 |
FOREXYARD博客
SNB Kept Rates at 0.25% Despite Clear Signs of Economic Recovery
The Swiss National Bank (SNB) left its benchmark interest rate unchanged at 0.25% earlier today. The bank decision came despite clear signs of economic improvement. Retails sales published earlier this week were up 4.4% much higher than 2.4% as forecasted. Last week Switzerland released their GDP results for the 4th quarter of 2009, which came at 0.7%, while forecasts were for a merely 0.4% rise. The data is signaling that the Swiss economy is gathering speed and is growing much faster than expected. The main reason for holding the rates near zero, is to keep the Swiss franc currency weak. A strong Swiss franc would reduce Swiss companies’ profitability, which, in term, might cause the Swiss economy to deteriorate. A rate increase will take CHF higher against other major currencies. Analysts expect a rate increase in the second term of 2010. However, if the CHF remains strong this might delay any upward change in rate.
全文内容| 日期 | 时间 | $€£¥ | 事件 | 时期 | 先前 | 预测 | 实际 | 重要 |
|---|---|---|---|---|---|---|---|---|
| 03/11 | 21:45 | NZD |  Retail Sales | m/m | 0.0% | 0.4% | - |  |
| 21:45 | NZD | NZD Core Retail Sales | m/m | -1.8% | 0.7% | - |  | |
| 03/12 | 04:30 | JPY | Revised Industrial Production | y/y | 2.5% | 2.5% | - |  |
| 07:00 | EUR | German WPI | m/m | 1.3% | 0.6% | - | | |
| 10:00 | EUR | Industrial Production | m/m | -1.6% | 0.8% | - | |
