Doesn’t sound all that convinced, does he? Perhaps something was lost in translation…
Yeah, and? Stay on your toes for further headlines… Here they come: So far, no IMF request for Swiss help in euro crisis Euro area stability means stability for Switzerland, in Switzerland’s interest
If the Eurozone flourishes, so will Switzerland…….. The Central Bank Chief was speaking on Swiss TV
North Korean President Kim Jong-il dies Bank of Korea may have sold around $500 mln to support won – Traders S.Korean FinMin: Short-term uncertainty will increase due to N.Korean risk. Confident situation will be handled “without big shock” Bundesbank: Still … Continue reading
Uncertainty around economy is “unusually large” Debt crisis, uncertainty weighing on German economy Slowing Global economy, to dampen German exports Sees considerable uncertainty around govt deficit in 2012, 2013 Deficit uncertainty relates to rescue funds, bank support Assumes uncertainty from … Continue reading
Dow Jones reporting.
Central banks play a critical role in forex market trading by changes in policy that can impact money flows. The U.S. Federal Reserve Bank and others often purchase assets in the open market and directly impact interest rates through quantitative easing. Central banks can change expectations and decisions on interest rates banking institutions lend to each other depend on each country's economic outlook. Get the most updated real-time central bank news from the United States, the U.K. the Euro zone, Africa, the Americas and Asia daily at ForexLive.com. See the ForexLive.com economic calendar and find the most relevant economic data events that can impact currency pairs you trade. Central Bank decisions can move markets, be the first to know by checking our real-time forex updates daily.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.