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Mar 8, 2015
SNB may cut deposit rate as low as -1.5% - Schweiz am Sonntag
According to Bloomberg, referring to a report in Schweiz am Sonntag, the SNB may cut its deposit rate as low as -1.5% from the current -0.75% should the CHF move in the 'wrong direction'. The report notes the SNB's desire for 1.10 as acceptable level against the Euro.
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Mar 8, 2015
AUD/USD may soon target 0.7625 - FXStreet
Following the blockbuster US NFP last Friday, and with Chinese trade balance figures not supporting the AUD (major drop in imports), the AUD/USD looks poised to investigate lower levels going forward, notes Vleria Bednarik, Chief Analyst at FXStreet, expecting 0.7625 year low as feasible target.
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