Tag Archives: 4) FX Trends

Swiss Franc The Euro has fallen by 0.08% to 1.1958 CHF. EUR/CHF and USD/CHF, April 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s recent gains have been extended, and it is having one of its best weeks since November 2016. The Dollar Index is up 1.7% for the week, as US session is about to start. Though it took this week’s gains to change market’s...

Swiss Franc The Euro has risen by 0.03% to 1.1957 CHF. EUR/CHF and USD/CHF, April 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro made a marginal new low early in European turnover and held barely above the spike low on March 1 to $1.2155. So far, today is the first session since January 11 that the euro has not traded above $1.22. The euro stabilized as the...

USD/CHF The USDCHF pair touched the bullish channel’s resistance that appears on the chart, and the price might be forced to show some temporary decline to test the support base formed above 0.9790 before resuming the rise again. In general, we will continue to suggest the bullish trend supported by the EMA50, depending on the organized trading inside the mentioned bullish channel, noting that our next target is...

Oil prices have recovered more than 50% of the decline since the mid-September peak. The next retracement objectives are found near $82 a barrel for Brent and $76.5 for WTI basis the continuation futures contract. The immediate consideration is that supplies have tightened. OPEC compliance to its agreement has exceeded targets, and Venezuelan output has been halved over the past two years to levels not seen in a more...

Swiss Franc The Euro has risen by 0.12% to 1.1984 CHF. EUR/CHF and USD/CHF, April 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The Swiss Franc has been weakening recently as global investors appear to be moving away from the safe haven of the Swiss banking system. The US Federal Reserve have continued to increase interest rates during last year and have already...

Swiss Franc The Euro has fallen by 0.23% to 1.1944 CHF. EUR/CHF and USD/CHF, April 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has traded in a fairly tight range this week as a lack of any new fresh information to drive financial markets so far. A major driver for the Franc has been risk-sentiment as investors attitudes to risk shape...

It is not that the Australian dollar is the weakest currency this month. Its 0.4% decline puts it among the better performers against the US dollar. However, it has fallen to a new low for the year today. The losses have carried to a trendline drawn off of the early 2016 low near $0.6800. The trendline has been drawn on this Great Graphic composed on Bloomberg. It is found today near $0.7625 and rises by about seven...

Swiss Franc The Euro has fallen by 0.23% to 1.1944 CHF. EUR/CHF and USD/CHF, April 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The new week has begun much like last week ended, with rising rates helping to extend the dollar’s recent gains. The US 10-year yield is flirting with the 3.0% threshold. The two-year yield is firmer, and, like in the second half of last...

Worries about a trade war appear to have eased, at least for the moment, but that does not make investors worry-free. The concerns have shifted toward rising US interest rates, perhaps more than anything else, but general anxiety seems elevated. The unpredictableness of Trump Administration is not helpful, and even though oil prices recovered, they did react quickly,  losing a dollar a barrel in response to his tweet....

Swiss Franc The Euro has fallen by 0.24% to 1.1961 CHF. EUR/CHF and USD/CHF, April 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is set to finish the week on a firm note. It reflects rising US yields, where the 10-year is above 2.90% for the first time since February and the widening two-year different between the US and Germany, which is holding just...