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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4890)3/12/2008 6:40:45 AM
From: RockyBalboa  Read Replies (2) of 71456
 
See the Swiss news: CHF up on this. Something is not right. I just short CHF on this news. Price around 97.55 US cents.

Credit Suisse/ZEW March economic indicator drops to minus 71.7 pts vs minus 55.5
Wed, Mar 12 2008, 10:36 GMT
afxnews.com

ZURICH (Thomson Financial) - The indicator for economic expectations in Switzerland fell to minus 71.7 points in March, from minus 55.5 points the previous month, according to the latest survey by Credit Suisse Group and the Centre for European Economic Research (ZEW).

The study also showed the assessment of the current economic situation edged down by 2.7 points to 69.6 points, Credit Suisse and ZEW said.

At the same time, inflation expectations diminished again, with only around 30 pct of survey participants still anticipating that inflation rates will continue to climb, down 9 percentage points from February, they said.

andrew.ge.thompson@thomson.com

at/slj

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