Forex Market Updates & Commentary | ![]() |
Bobys Corner-Open Market-April.5.2012 Posted: 05 Apr 2012 05:32 AM PDT As we start the pre holiday get away-the markets were shocked when the EUR/CHF fell below the 1.20 peg level. Spanish/German 10 year bond spreads widen further to 401 bps. The Bank of England left interest rates unchanged-as expected. QE remains stable at 325 billion GPBs. Asian equity markets were mostly lower-Europe is lower-and US Futures are also lower at this time. Gold and silver are higher. Oil is trading at $101.59/bbl. Tomorrow we have US employment data at 8:30 AM-even with much of the world out for Good Friday and the Easter weekend-it should be a very interesting day. HAVE A GREAT DAY & GOOD LUCK |
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