Wednesday, February 8, 2012
Market Briefs
- Greek optimism supports Euro despite lack of real news
- Euro hits fresh 2012 & 2-Mth highs against Dollar
- German exports post steepest drop in nearly 3-Yrs
- German December S/A Trade Surplus EUR 13.9Bln
- Sterling hits 3-Mth high vs Dollar, BoE QE awaited
- Swiss Franc slips vs Euro, EUR/CHF rebounds into 1.21s
- Swiss January Unemployment hits 10-Mth high at 3.4%
- CEE FX supported by risk appetite, Zloty eyes NBP verdict
- Aussie rises to 6-Mth highs as Greek hopes boost risk
- Risk boost underpins Asian FX but intervention limits gains
- PBOC Yuan fix in focus ahead of Xi Jinping US visit
Looking Ahead - Economic Data
* 12:00 US Weekly Mortgage Market Index, 753.3 pvs
* 13:15 Canadian January Housing Starts, 195k exp 200k pvs
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