Tag Archives: 4.) Marc to Market

Swiss Franc The Euro has risen by 0.84% to 1.0782 EUR/CHF and USD/CHF, November 9(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge Overview: The new week has begun with robust risk appetites, driving stocks and stocks higher and sending the dollar broadly lower. Nearly all the equity markets in the Asia Pacific region gained more than 1%, except Malaysia and Indonesia. The Nikkei, which posted its highest close before the weekend in...

Swiss Franc The Euro has fallen by 0.03% to 1.0685 EUR/CHF and USD/CHF, November 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors have piled into risk assets this week, seemingly undeterred by the US elections’ lack of a clear outcome. The coronavirus is still surging, and a new complication has emerged. A mutation of the virus, originating in minks (Denmark), could pose a challenge in developing a...

Swiss Franc The Euro has risen by 0.22% to 1.0719 EUR/CHF and USD/CHF, November 5(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets did not wait for the final vote count and took stocks and bonds higher while pushing the greenback lower. While it appears Biden will be the next US President, investors seemed to like the fact that his agenda will be checked by a Senate that may remain in Republican...

Swiss Franc The Euro has risen by 0.05% to 1.0682 EUR/CHF and USD/CHF, November 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Initially, the markets built on Tuesday’s price action, but as soon as a few counties in Florida indicated that it was not going to be the “blue wave,” risk came off, and it was most evident in the bond and currency markets. Equities rallied in the Asia Pacific area, and all but Hong...

Swiss Franc The Euro has risen by 0.09% to 1.0706 EUR/CHF and USD/CHF, November 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: More than 95 mln Americans voted before today, and many observers warn of a cliffhanger that could be decided in the courts. The polls sand surveys show strong odds in favor of a Democratic sweep. Looking at the capital markets, nothing looks amiss. The biggest rally in the S&P...

Swiss Franc The Euro has risen by 0.07% to 1.0691 EUR/CHF and USD/CHF, October 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors punished US tech giants for not delivering perfection as prices apparently had discounted, and the subsequent sell-off coupled with month-end dynamics has rocked global equities. Asia Pacific bourses were a sea of red, led by a 2.5% decline in the tech-heavy South Korean...

Swiss Franc The Euro has fallen by 0.11% to 1.0681 EUR/CHF and USD/CHF, October 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The spreading virus that is shutting down large parts of Europe, while the US is reluctant to return to lockdowns and refuses to have a nationwide requirement for masks in public hit risk assets yesterday. The S&P posted its largest decline in four-months yesterday (~3.5%), and...

The Dollar Index is a popular way to think about and trade “the dollar.”  However, it has become less relevant as a reflection of the dollar’s performance or representative of trade, capital flows, market capitalization.  Economists often use a trade-weighted basket, and the Federal Reserve’s real broad trade-weighted index is an input in official and private-sector forecasts. As an alternative, we present Bannockburn’s World Currency Index (BWCI).  It is...

Swiss Franc The Euro has fallen by 0.34% to 1.068 EUR/CHF and USD/CHF, October 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Sickened by the surging virus, animal spirits are bed-ridden today. Several European countries are experiencing the most fatalities and illnesses in several months, and policymakers are responded with national restrictions. In 32 US states, hospitalizations have surged by over 10% in...

Swiss Franc The Euro has risen by 0.12% to 1.0727 EUR/CHF and USD/CHF, October 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The surging pandemic sapped the risk-taking appetites as some investors hunker down for what could be a volatile period ahead. The S&P 500 lost nearly 3% at its lows before rebounding 1% in late dealings. However, the US’s fiscal stimulus remains highly likely even if not...