currency,currency broker,currency change,currency chart,currency convert, currency conversion,currency day trade,currency dealing,currency e trading,currency exchange, currency foreign trading,currency forex trading,currency markets,currency rate May 19, 2008
Posted by malibusac in Currency News.Tags: currency, currency broker, currency change, currency chart, currency conversion, currency convert, currency day trade, currency dealing, currency e trading, currency exchange, currency foreign trading, currency forex trading, currency markets, currency rate
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(RTTNews) – The Swiss currency was mixed against its major counterparts in trading on Tuesday morning in New York. The franc moved as the UBS Consumption Indicator data for the area was released.
The franc was mixed against its American counterpart on Tuesday morning. The Swiss currency initially fell near 1.0390 in the early hours, but held near that mark as trading progressed. The currencies moved ahead of U.S. data. At 10AM EST, a report on Consumer Confidence in April will get the ball rolling for the data in the United States. Analysts expect the index to shrink to 61.0 from last month’s 64.5 as consumers faced record gas prices and rising food prices in April. In addition, the FOMC’s April meeting will begin. Bernanke and Company will gather in the first of a two-day meeting at which the Federal Open Market Committee will examine the current state of the economy.
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