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Tag Archives: AUD

FX Daily, January 04: Greenback Continues to Consolidate Recent Losses

Swiss Franc The Euro has risen by 0.37% to 1.1755 CHF. EUR/CHF and USD/CHF, January 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is sporting a softer profile across the board, though remaining largely in the ranges seen over the past couple of sessions. At the same time, the news stream suggests that the global synchronized growth cycle strengthened...

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The Past is Not Passed: 2017 Spills into 2018

The New Year may have begun in fact, but in practice, full participation may return only after the release of US employment data on January 5. The macroeconomic and policy tables have been set, though interpolating from the Overnight Index Swaps market, there is 45% chance the Bank of Canada hikes rates at its policy meeting near the middle of the month. In the currency markets, sentiment appears to be as uniformly...

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FX Daily, December 27: What Happened on Boxing Day?

Swiss Franc The Euro has risen by 0.32% to 1.1763 CHF. EUR/CHF and USD/CHF, December 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There were several developments on the day after Christmas, while many markets remained closed and investors sidelined.   One of the most important developments was the euro’s complete recovery from the flash crash of nearly three...

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FX Daily, December 19: US Equities Set Pace, While Greenback Consolidates Inside Monday’s Ranges

Swiss Franc The Euro has risen by 0.48% to 1.1666 CHF. EUR/CHF and USD/CHF, December 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The pound has risen against the Swiss Franc as we get closer to understanding just what Brexit means for the UK and global concerns ease, weakening the Franc. The pound is essentially a barometer of progress on Brexit whilst the Swissie...

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FX Daily, December 15: Premium for Dollar-Funding is not Helping Greenback Very Much

Swiss Franc The Euro has risen by 0.28% to 1.168 CHF. EUR/CHF and USD/CHF, December 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The cross-currency basis swap continues to lurch in the dollar’s direction, especially against the euro, and yet the dollar is not drawing much support from it. The increasing cost reflects pressure for the year-end and does not appear to...

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FX Daily, December 11: Dollar Mixed to Start the Week, While Equities Firm

Swiss Franc The Euro has risen by 0.09% to 1.1691 CHF. EUR/CHF and USD/CHF, December 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is narrowly mixed in relatively quiet activity. Year-end adjustment is well underway, and the news stream is light to start the week that sees more than a dozen central bank meetings. There is little doubt in the market...

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FX Daily, December 07: Equities and Oil Stabilize

Swiss Franc The Euro has risen by 0.17% to 1.1693 CHF. EUR/CHF and USD/CHF, December 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equities are stabilizing today after the recent downside pressure. The MSCI Asia Pacific Index snapped an eight-day slump with a 0.4% gain, led by a rebound in Tokyo and India. European markets are firm, with the Dow Jones Stoxx...

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FX Daily, December 06: Equity Slump Continues, Lifts Bonds, Bolsters Yen

Swiss Franc The Euro has fallen by -0.03% to 1.167 CHF. EUR/CHF and USD/CHF, December 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The swoon in equities, perhaps sparked by a rotation spurred by potential US tax changes, is continuing today. It is providing a risk-off mood, which is expressed in the foreign exchange market as a stronger yen. The most compelling...

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FX Daily, December 05: Sterling Sold on Negotiating Snafu, Aussie Bounces on Retail Sales and RBA

Swiss Franc The Euro has fallen by 0.05% to 1.1678 CHF. EUR/CHF and USD/CHF, December 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is confined to narrow ranges against the euro and yen, straddling unchanged levels in the Asian session and the European morning. The action in elsewhere. The British pound is the weakest of the majors, paring 0.4% against...

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FX Daily, December 04: US Dollar Marked Higher After Senate Passes Tax Reform

Swiss Franc The Euro has risen by 0.46% to 1.1652 CHF. EUR/CHF and USD/CHF, December 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar opened higher in Asia and retained those gains through the European morning. The greenback has recouped most of the pre-weekend losses recorded in the wake of the indictment of a fourth former Trump Administration official...

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