Thursday, June 7, 2007

Dollar-Swiss Franc Volatility to Rise From 29-Year Low, Merrill Lynch Says

(Bloomberg) -- Investors should use derivatives to
bet fluctuations in the dollar against the Swiss franc will
increase from the smallest in 29 years, according to Merrill
Lynch & Co.

A Merrill Lynch model that tracks items including the pace
of U.S. economic growth and benchmark interest rates around the
world is signaling volatility in this exchange rate is poised to
rise, said Parag Ramaiya, a currency strategist at the third-
biggest U.S. securities firm by market value.


Read more at Bloomberg Currencies News

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