SearchMid-Day Report: Yen and Swiss Franc Rebound as NY State Survey Spurs Recession Worry15th February 2008 The Japanese yen and Swiss Franc are boosted in early US session after a surprisingly weak NY State Manufacturing index spurred worries on risks of deeper slowdown and recession in the US economy. The index unexpectedly sank from 9.0 to -11.7, marking the first contraction reading in nearly three ye... This article is courtesy of EffectiveFX Forex Mistakes That Assure Failure | The ratio of long to short positions in the NZDUSD stands at 1.29 | Headlines: UK News Categories: Forex News |
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