Swiss Central Bank Fallout and Some China Chit-Chat
Swissie on a tear for sure against the US dollar...hesitating at the 61.8% retrace from Nov '09 low today, as speculators take the SNB seriously it seems, especially after this move...… More…
There has been a lot of double-dip talk in the market, and a lot of it from us. But, we remain open to being very wrong. Quite possibly, if the recovery is back on track, the US dollar will get smoked on yield and growth differentials; a couple of key factors that not too long ago appeared to favor Mr. Greenback.… More…
Swissie on a tear for sure against the US dollar...hesitating at the 61.8% retrace from Nov '09 low today, as speculators take the SNB seriously it seems, especially after this move...… More…
Go Google news on "China labor strikes" and you'll find plenty of recent articles about the latest worker strikes throughout the country (notably at the Honda plants).… More…