Swiss Franc The Euro has fallen by 0.51% to 1.0852 EUR/CHF and USD/CHF, July 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dramatic move in the capital markets continues. The US dollar is soaring as yields and equities slide. The US 10-year yield has fallen below 1.30 to 1.26% European benchmark yields are 1-4 bp lower, while Australia and New Zealand have seen a 7-9 bp drop today. Signals that the...
Read More »FX Daily, July 07: Dollar Stabilizes at Elevated Levels After Surging Yesterday
Swiss Franc The Euro has fallen by 0.03% to 1.0922 EUR/CHF and USD/CHF, July 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dollar has steadied after surging yesterday and has so far retained the lion’s share of its gains, though it remains lower against most major currencies today. The dollar-bloc and Norwegian krone are the best performers while the yen is underperforming. The freely accessible...
Read More »FX Daily, July 06: Greenback Shows Some Resilency after Follow-Through Selling Dried up
Swiss Franc The Euro has fallen by 0.13% to 1.0921 EUR/CHF and USD/CHF, July 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Follow-through dollar selling stalled as key levels were approached, including $1.19 in the euro, $1.3900 in sterling, $0.7600 in the Australian dollar, and CAD1.2300. Sentiment is mixed after the greenback sold-off before last weekend despite the fastest jobs growth in 10-months....
Read More »FX Daily, July 02: US Jobs and OPEC+ Day
Swiss Franc The Euro has risen by 0.14% to 1.0946 EUR/CHF and USD/CHF, July 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US jobs report and OPEC+ decision are awaited. The dollar remains bid. Only the yen and Canadian dollar are showing a hint of resilience, though, on the week, the Scandis and dollar-bloc currencies are off between around 1-2%. The greenback is also firmer against the emerging...
Read More »FX Daily, July 01: The Greenback is Bid to Start the Second Half
Swiss Franc The Euro has risen by 0.04% to 1.0969 EUR/CHF and USD/CHF, July 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Soft Asian manufacturing PMIs weighed on local shares after the S&P 500 set new record highs yesterday. European shares are recouping yesterday’s month-end losses, while US futures indices are bid. The US 10-year yield is around 1.47%, and European yields are 1-2 bp higher. The...
Read More »FX Daily, June 30: The Greenback is Firm into Quarter-End
Swiss Franc The Euro has fallen by 0.03% to 1.0959 EUR/CHF and USD/CHF, June 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dollar is finishing the quarter on firm footing, gaining against most of the major currencies today. The euro is straddling the $1.1900 area, having begun the month above $1.22. Sterling has tested the $1.38 area. It had traded at a three-year high near $1.4250 at the start of the...
Read More »FX Daily, June 29: Fear that the Mutating Virus Could Slow Recoveries Takes a Toll on Risk Appetites Ahead of Quarter-End
Swiss Franc The Euro has fallen by 0.03% to 1.0959 EUR/CHF and USD/CHF, June 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Fear that the new mutation of the covid virus will slow the global recovery has sent ripples across the global capital markets. The foreign exchange market has the clearest reaction, and the dollar is bid. The dollar-bloc and Norwegian krone lead the currencies lower, while the yen is...
Read More »FX Daily, June 28: European Political Drama Kicks off Big Economic Week
Swiss Franc The Euro has risen by 0.18% to 1.096 EUR/CHF and USD/CHF, June 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are off to a quiet start of what promises to be a busy week. Quarter and month-end adjustments, Japan’s Tankan survey, the eurozone’s preliminary June CPI, the US employment report, and an OPEC+ meeting are featured. The MSCI Asia Pacific Index was little...
Read More »FX Daily, June 25: Tokyo Escapes Deflation, Leaving the Greenback Trapped between Two Expiring Options against the Yen
[unable to retrieve full-text content]New record highs in the S&P 500 and NASDAQ yesterday helped lift most Asia Pacific markets today. China and Hong Kong led the regional gains and were sufficient to lift the MSCI regional benchmark to halt a two-week drop.
Read More »FX Daily, June 24: Did the PBOC Signal it is Content with the Yuan’s Pullback?
Swiss Franc The Euro has risen by 0.06% to 1.0962 EUR/CHF and USD/CHF, June 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is trading slightly lower against most of the major and emerging market currencies. The Scandis are leading the major currencies, while the Russian ruble leads the central and eastern European currencies higher. Emerging market currencies mostly firmer, though the...
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