Global Markets Update
Weaker US economic outlook takes a serious hit on the greenback
Wed, Dec 13 2006, 12:55 GMT
by Union Bank of California Team
Union Bank of California
- Weaker US economic outlook takes a serious hit on the greenback.
- Want to lock in a fixed rate on your floating rate loan but not sure of Fed outlook? See how much of a negative carry will convince you to lock in fixed.
- If no big buildup of HDD, then recent run-up in Nat Gas could potentially crash.
- Consider an asset swap of your short-dated floating rate portfolio into a fixed coupon.
Download PDF below in order to read full Global Markets Update report
Published on
Wed, Dec 13 2006, 13:02 GMT
Union Bank of California
http://www.uboc.com | info@uboc.com
Legal disclaimer and risk disclosure
This market comment is prepared by Union Bank of California's Global FX & Derivatives Department for the general information of its customers. It is based of the most accurate information currently available, but should not considered investment advise or a guarantee of future exchange rate or trends.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.