Early flows into non-USD FX in early Asia after the UBS-CS deal agreed to
<p>Earlier:</p><p class="article-slot__title title top"><a href="https://ift.tt/wy7JVuZ" rel="follow" target="_self" class="article-link">Powell & Yellen: US bank capital, liquidity positions robust , financial system resilient</a></p><p class="article-slot__title title top"><a href="https://ift.tt/TMq4GhR" rel="follow" target="_self" class="article-link">ECB's Lagarde issues support statement on UBS - CS deal also</a></p><p>The guts of the shotgun wedding deal:</p><p>UBS agreed to buy rival Swiss bank CreditSuisse</p><ul><li> for US$3.23 billion</li><li>agreed to assume up to US$5.4 billion in losses</li></ul><p>FX benefiting, a guide to current spot FX in VERY early Asia trade:</p> This article was written by Eamonn Sheridan at www.forexlive.com.
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
