Tag Archives: AUD

Will EUR/CHF fall to 1.00 The reader might have seen the latest Swiss Consumer Sentiment and the UBS consumption indicator. They suggest that the Swiss boom phase should finally come. I anticipated the boom already in my slides for the CFA Society. The Swiss boom was postponed when the SNB decided to remove the euro peg in early 2015. What is the definition of a “boom”? It is economic activity mostly driven by...

Summary: The Fed is more confident this year of stable growth and rising inflation. The new US Administration’s economic agenda is beginning to take shape, though it is not clear that consumer interests will be pursued. There are several considerations, including politics in Europe, that are driving European rates higher. The RBA and RBNZ meet next week. Neither is expected to change policy. United States The...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 03(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Ahead of the weekend, there are two series of economic reports. The first are Europe’s service PMI reports and the second is the US employment report.  Neither report is likely to alter views significantly, but the latter has greater potential to move the market. It is important too to recognize the...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 02(see more posts on EUR/CHF, ) - Click to enlarge GBP / CHF Sterling vs the Swiss Franc exchange rate remains tentative this morning with the release of the Brexit strategy due to come out later today. A white paper is going to be published later with MPs backing the European Bill by 498 vote against 114 last night. The bill will be debated further in parliament...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 25(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge GBP/CHF The pound is higher against the Swiss Franc as we finally get some clarity over just what Brexit means. The pound was initially expected to fall but contrary to popular expectation it found favour as Theresa May finally delivered some clarity over just what Brexit means. Most...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar had a poor close in the North American session before the weekend as investors appear increasing anxious about the new US Administration’s economic policies and priorities.With no fresh details emerging over the weekend, some stale dollar longs exited.  The dollar stabilized in the European...

Summary: Investors will finally be able to focus on what the new US President does rather than what he says. The UK Supreme Court decision is expected, but it may not be the driver than it may have previously seemed likely. The dollar-yen rate does not appear to be driven by domestic variable as much as US yields and equities. Prices not real sector data may be the key for the euro. United States The US...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 13(see more posts on EUR/CHF, ) - Click to enlarge Supreme Court Judgement expected imminently The Supreme Court Judgement on whether parliament will have to O.K  the triggering of article 50 is ongoing and when the ruling is announced expect big swings on GBP/CHF. I think the likely outcome will be that parliament will get the vote, most broad sheet papers have...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 12(see more posts on EUR/CHF, ) - Click to enlarge If you are buying or selling the Swiss Franc the next week is vital to expectations. The pending Supreme court case will shape the next twist and turns of Brexit which in turn will of course affect the pound and also risk sentiments. I expect GBPCHF could easily slip below 1.20 if the Court Case is rejected, this...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 11 (see more posts on EUR/CHF, ) - Click to enlarge The pound has seen a sharp fall following the interview that Theresa May gave with Sky news on Sunday although there has been a small rebound this afternoon. GBP CHF exchange rates are hovering around 1.2350 for this pair. The pound fell sharply in morning trade but has since recovered as there still remains a...