Tag Archives: 4) FX Trends

Swiss Franc The Euro has fallen by 0.07% at 1.1189 EUR/CHF and USD/CHF, April 02(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After surging yesterday, equities are struggling to maintain the momentum that carried that S&P 500 to its best level since last October. Most Asia Pacific equity markets advanced. Japan’s small losses were a notable exception....

Poor economic data and soft inflation saw several central banks, including the Federal Reserve and European Central Bank, take a dovish turn in March. Contrary to expectations that interest rates would rise as the G3 central banks were no longer adding to their balance sheets on a combined basis. The sharp drop in interest rates and the flattening of curves in March is one of the key factors shaping the investment...

Swiss Franc The Euro has risen by 0.20% at 1.1188 EUR/CHF and USD/CHF, April 01(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Better than expected German retail sales ad employments reports at the end of last week has been followed by gains in China’s official PMI  and Caixin’s manufacturing reading. However, the spillover from China was limited in Asia....

Investors have worked themselves into a lather. Equities crashed in Q4 last year amid on corporate earnings and concerns about growth. The Fed’s tightening decision in December was made unanimously. The above-trend growth, the preferred inflation measure was near target, unemployment was the lowest in a generation and real rates were historically low. There are myths in the market, like the Plunge Protection Committee,...

Swiss Franc The Euro has keep position 0.00% at 1.1194 EUR/CHF and USD/CHF, March 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global growth scare may be subsiding. It had been fanned by the ECB and Fed statements and projections. Poor US jobs growth reported in early March and the poor flash EMU PMI late in the month contributed. The slowdown in China...

Swiss Franc The Euro has risen by 0.07% at 1.1192 EUR/CHF and USD/CHF, March 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The lurch lower in global interest rates continue. The US 10-year yield is at new 15-month lows, five basis points through the average effective Fed funds rate. Late yesterday, it appeared that 10-year German Bund yields slipped below...

Swiss Franc The Euro has fallen by 0.05% at 1.1194 EUR/CHF and USD/CHF, March 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US 10-year yield is trading below the Fed funds target. The two-year yield is trading below the lower end of the Fed funds target range. A warning by New Zealand that the next rate move could be a cut sent New Zealand and Australian...

I joined Shey Ann and Amanda Lang on the Bloomberg set to talk about sterling and the euro. The media makes it sound like there was a coup in the UK and Parliament has taken control of Brexit. This is an exaggeration. The House of Commons did secure tomorrow to have “indicative votes” on the different alternatives. These votes are not binding on the Prime Minister who as already indicated some alternatives that she will...

Swiss Franc The Euro has risen by 0.06% at 1.1231 EUR/CHF and USD/CHF, March 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The sell-off in equities seemed to peak yesterday, and US indices were narrowly mixed. Traders found comfort in that performance, even though the S&P 500 finished a little below 2800, and took the markets in the Asia-Pacific region...

The US-China trade talks look like they may very well continue through most of the second quarter, despite how much progress is being claimed. Meanwhile, the tariffs remain in effect, but the market’s sensitivity to developments has slackened since it was clear the Trump and Xi were not going to meet at the end of this month. Europe’s relationship with China will eclipse the US-China trade talks that resume with Mnuchin...