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Tag Archives: AUD

FX Daily, February 21: Markets Mark Time

Swiss Franc The Euro has fallen by 0.02% to 1.1544 CHF. EUR/CHF and USD/CHF, February 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The economic data stream is picking up, but there is an uneasy calm in the markets. It is almost as if the dramatic drop in stocks has left many with a sense of incompleteness, like waiting for another shoe to drop. The price action has...

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FX Daily, February 20: Dollar Trades Higher, but Stocks Challenged at Key Chart Point

Swiss Franc The Euro has risen by 0.13% to 1.154 CHF. EUR/CHF and USD/CHF, February 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar is finding better traction today, building on the upside reversal seen before the weekend. The news stream has been light and it seems like primarily an issue of positioning rather than a change in sentiment or the consensus...

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FX Daily, February 16: Worst Week for the Dollar since 2015-2016, While Stocks Continue to Recover

Swiss Franc The Euro has fallen by 0.13% to 1.1513 CHF. EUR/CHF and USD/CHF, February 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Nearly all the major currencies have risen at least two percent against the US dollar this week. The Canadian dollar is an exception. It has risen one percent this week ahead of today’s local session. Sterling is becoming another...

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FX Daily, February 13: Tuesday’s Two Developments

Swiss Franc The Euro has fallen by 0.09% to 1.1531 CHF. EUR/CHF and USD/CHF, February 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There are two important developments today. First, the recovery in the global equity markets is being challenged. Second, the yen has strengthened across the board, and is now at its best levels against the dollar since last September’s...

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FX Daily, February 12: Equity Markets Find Firmer Footing, Dollar Softens

Swiss Franc The Euro has fallen by 0.11% to 1.1505 CHF. EUR/CHf and USD/CHF, February 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The most important development today has been the stability in the equity markets after last week’s meltdown. The recovery from new lows in the US before the weekend set the tone for today’s moves. Tokyo markets were on holiday, and the...

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FX Daily, February 09: Equity Sell-Off Extends to Asia, but More Muted in Europe

Swiss Franc The Euro has risen by 0.38% to 1.1502 CHF. EUR/CHF and USD/CHF, February 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude...

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FX Daily, February 08: Dollar Firms, While Equities Search for Stability

Swiss Franc The Euro has fallen by 0.43% to 1.152 CHF. EUR/CHF and USD/CHF, February 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the...

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Great Graphic: Major Currencies Year-to-Date

Summary: The major currencies but the Canadian dollar peaked Jan 25-26. The Australian dollar has fallen the most since peaking. Many are still viewing the dollar’s recovery as technical in nature and not a turn in the trend. This Great Graphic was created on Bloomberg. It shows five major currencies against the US dollar this year. To avoid giving a misleading impression, the currencies are index to start...

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FX Daily, February 07: Guns and Butter May Resolve US Legislative Logjam

Swiss Franc The Euro has risen by 0.18% to 1.1602 CHF. EUR/CHF and USD/CHF, February 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates After a volatile session in North America, the major equity indices closed higher. In fact, the 1.75% rise in the S&P 500 was the best since November 2016. Asian equities stabilized, and the MSCI Asia Pacific Index was able to eke out...

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FX Daily, February 05: Dollar Consolidates while Equity Rout may be Ebbing

Swiss Franc The Euro has risen by 0.19% to 1.1622 CHF. EUR/CHF and USD/CHF, February 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Asian equity markets were weighed down by losses in the US markets ahead of the weekend. The MSCI Asia Pacific Index was off 1.4% after the 1.0% pre-weekend loss. The Nikkei gapped lower and shed 2.5% and has fallen in eight of the past...

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