Switzerland: Trade surplus narrows to 1853M from 2490.6M in August

Sep 19, 2013

DXY blind-sided by FOMC decision; US data looms Thursday; targeted support at 79

As soon as the announcement from the FOMC regarding their tapering plans hit the wires, the DXY fell right off the proverbial cliff’s edge. Data flow may provide a bounce, but more selling is likely.

Switzerland: SECO forecasts suggest recovery gaining momentum

The Swiss State Secretariat for Economic Affairs released its forecasts today which suggests that the strong domestic recovery is advancing, as the global and especially the Eurozone economy have been improving steadily.