The strongest currency today is the AUD which bottomed against the USD yesterday from a technical perspective (see the reasons why by CLICKING HERE)
The weakest currency is the CHF. SNBs Pres. Jordan reiterated yesterday that the Swiss National Bank can take measures to supplement its cap on the franc immediately should steps be warranted. He added, ” We will continue to defend the minimum exchange rate with utmost determination”
The Forex Winners and Losers for September 24, 2014
Stocks and Bonds
The major stock markets are rebounding in trading today (and in US pre-market trading) with the exception of the Nikkei which fell in reaction to comments from Abe that the government is concerned about the recent weakness of the JPY.
Bond yields remain steady and off the high levels reached last week.
A snapshot of the major stock indices and bond rates for September 24, 2014
