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  1. News in 60 Seconds: Swiss Intervening?

    by , 09-30-2009 at 09:22 AM (News in 60 Seconds)
    Looks like the Swiss Central Bank may have intervened in the EUR/CHF pair this morning. It popped about 160 pips within 35 minutes.

    Themes for today: Commodity dollar strength, Euro weakness

    AUD/USD up 1.32% so far), NZD/USD top the % gainers list. EUR/AUD (down 1.01% so far), EUR/CAD, EUR/NZD, etc. top the % losers list.

    CHF - KOF Economic Barometer came out better than expected 0.85 vs 0.33 expected

    U.S. ADP Non-Farm Employment Change (current reading worse...revision improved). Came in at -254k vs. -200k expected but improved revision -277k.

    CAD GDP m/m worse than expected at 0.0% vs. 0.4% expected and 0.1% previously.

    Tankan Manufacturing Index
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