About forex forecast indicators
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Switzerland will rescue an important index of consumer confidence, a leading meter of economic health. The US is to publish its trade balance, |
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The indication was forecast to tick up to 54.5. "For a change, [Wednesday's] certain US figures have contrasted mostly weak data out of Europe giving the dollar |
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Curiously, the 10-30yr spread, traditionally an infl ation-guess indicator, rose 3bp to a record high of 118bp. Currencies reacted unevenly. |
