Tag Archives: AUD

Swiss Franc The Euro has fallen by 0.04% at 1.1277 EUR/CHF and USD/CHF, September 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar traded above JPY112 in early Asia, for the first time since early August but it could not take out the high recorded then (~JPY112.10) and has come off a bit in Europe. There is a $493 mln option struck at JPY112 that will expire...

Swiss Franc The Euro has risen by 0.27% at 1.1312 EUR/CHF and USD/CHF, September 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro has fallen on ECB meeting days this year and the last two meetings in 2017. The euro is trading in the upper end of the $1.1525-$1.1650 trading range. The intraday technicals suggest that the $1.1600 area may hold until at least the...

Swiss Franc The Euro has fallen by 0.17% at 1.1282 EUR/CHF and USD/CHF, September 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro and sterling extended their recovery from the US hourly earnings lows seen before the weekend. However, the move stalled in the European morning, after the UK reported better than expected earnings itself. Sterling approached the 61.8%...

Swiss Franc The Euro has fallen by 0.26% at 1.1185 EUR/CHF and USD/CHF, September 7(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro’s resilience strikes us as a potentially important reflection of market psychology. Last week’s high was set near $1.1735, and the high for August was a little higher at nearly $1.1745. The euro has not been above $1.1750 since the...

Swiss Franc The Euro has fallen by 0.21% at 1.1276 EUR/CHF and USD/CHF, September 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro set a new high for the week in Asia earlier today near $1.1660. It subsequently was sold off to $1.1615 before rebounding. There is a 1.6 bln euro option struck at $1.16 that will be cut today. That it remains firm is impressive given...

Swiss Franc The Euro has risen by 0.20% at 1.1305. EUR/CHF and USD/CHF, September 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar is posting gains against most of the emerging market and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia’s bourse saw the largest decline (~3.75%) in the...

Swiss Franc The Euro has fallen by 0.01% at 1.1263. EUR/CHF and USD/CHF, September 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is rising against all the major and emerging market currencies today. The signals from the White House suggest strong pressure will be exerted on Canada to sign on to NAFTA 2.0 or risk losing part of its auto sector, which of...

The first week of a new month features the US jobs data. It is the most important economic report of a new month. It sets the broad tone for much of the economic data over the next several weeks, including consumption, industrial production, and construction spending. However, there are two reasons why it may not pack the punch it has in the past. First, the bar to dissuade the market against a 25 bp rate hike on...

Swiss Franc The Euro has risen by 0.40% at 1.1315. EUR/CHF and USD/CHF, August 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly firmer, while global equities are softer and bonds little changed. The Turkish lira and South African rand remain under pressures. However, there does not appear to be an overall theme in today’s markets. Disappointing...

Swiss Franc The Euro has risen by 0.47% at 1.1361. EUR/CHF and USD/CHF, August 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has steadied after pulling back in recent days, but the downside correction does not appear complete, and month-end flows are still a risk to picking a dollar-bottom. The Australian dollar is the weakest of the majors. The main...