Tag Archives: 4) FX Trends

Swiss Franc The Euro has risen by 0.04% at 1.1347 EUR/CHF and USD/CHF, February 21(see more posts on EUR/CHF, USD/CHF, ) Source: merkets.ft.com - Click to enlarge FX Rates Overview: The US dollar is firm against most major and emerging market currencies. There is more optimism on US-Chinese trade as a series of understandings are drafted, and an extension past March 1 of the tariff freeze is reportedly in the...

Varney and Company on Fox Business TV - Click to enlarge I joined Varney and Company on Fox Business TV earlier today. Varney had liked by bullish call on stocks from the end of last year, but seemed dismayed that I have turned cautious. I suggested that the S&P are approaching a key area a little above 2800 that has capped in Q4 18. In addition to these chart points, I am concerned that the S&P 500 has rallied...

Swiss Franc The Euro has fallen by 0.12% at 1.1337 EUR/CHF and USD/CHF, February 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is narrowly mixed against the major currencies, but the strongest currency today is the Chinese yuan, following reports that US wants China to keep the yuan stable and not offset US tariffs with currency depreciation. The...

Swiss Franc The Euro has fallen by 0.08% at 1.1345 EUR/CHF and USD/CHF, February 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Activity in the global capital markets is subdued as investors await fresh developments. New wording for the Irish backstop apparently is being drafted. US-China trade talks resume. No decision has been made on US auto tariffs, but...

Swiss Franc The Euro has risen by 0.06% at 1.1349 EUR/CHF and USD/CHF, February 18(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: In quiet turnover, the US dollar slipped lower against most of the major currencies to start the new week. The news stream is light and the US markets are closed today. The MSCI Asia Pacific Index was up five of the past six...

The main issues for investors have not changed. There are three dominant ones: Trade, growth, and Brexit. Unfortunately, there won’t be any closure in the week ahead, and that may make short-term participants reluctant to turn more aggressive. United States The US reported exceptionally poor December retail sales and January industrial output figures. Growth forecasts were adjusted. The St. Louis Fed’s GDP Now tracker,...

Swiss Franc The Euro has fallen by 0.10% at 1.1336 EUR/CHF and USD/CHF, February 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 snapped a four-day advance yesterday, and equities in the Asia Pacific followed suit. All the markets in the region were lower but in Australia. MSCI’s regional benchmark stalled after reached a four-month high in the...

The American political discourse has changed since the 2018 midterm election. Enthusiasm and passion were to be found on the left-wing of the Democratic Party. A new sense of hope and mission replaced the defeatism and cynicism seen in 2016. Some identified with democratic socialism, but in the political rhetoric the broad brush of “socialism” has been used to paint the entire party. The 2020 contest is already being...

Swiss Franc The Euro has fallen by 0.25% at 1.1367 EUR/CHF and USD/CHF, February 13(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Federal Reserve has long been clear on the sequence of events as it innovated the playbook during the Great Financial Crisis. There would be a considerable period between when the Fed would finish its credit easing operations that...

Swiss Franc The Euro has risen by 0.63% at 1.1388 EUR/CHF and USD/CHF, February 12(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Dollar Index’s eight-day advance is in jeopardy. Although the greenback recorded new highs against some major currencies, the momentum appears to be stalling. The news stream is constructive as a compromise seems to have been...