Traders Turn To ADP Report

Tuesday, August 31st, 2010

The US economic reports released were largely mixed with the calendar consisting of the S&P/Case-Shiller home price index, the August Chicago PMI and the August Conference Board’s consumer confidence survey. The S&P/Case-Shiller home price index edged up higher than forecast, rising by 0.28% in June from 0.53% a month earlier.

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Traders Turn To ADP Report

Mid-Day Report: Swiss Franc Soars on Safe Haven Flows

Tuesday, August 31st, 2010

Swiss franc continues to ride on wave of risk aversion trade and strengthens across the board today. Its strength impressively surpasses yen and dollar.

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Mid-Day Report: Swiss Franc Soars on Safe Haven Flows

Daily Report: Risk Aversion Back, Yen Crosses to Heading to New Lows, EUR/CHF Extends Down Trend

Tuesday, August 31st, 2010

Yen strengthens across the board today as risk aversion dominates Asian markets. Nikkei dropped as much as -3.55% to close at 8824 in spite of yesterday’s additional quantitative measures from BoJ. Former BoJ policy board member Nobuyuki Nakahara said that BoJ’s measures were “too little and too late” and “can’t

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Daily Report: Risk Aversion Back, Yen Crosses to Heading to New Lows, EUR/CHF Extends Down Trend