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Tag Archives: Australia

FX Daily, December 17: Dollar Thumped

Swiss Franc The Euro has risen by 0.22% to 1.0824 . FX Rates Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led by Australia and China, the MSCI Asia Pacific Index rose to new record highs, while Dow Jones Stoxx 600 in Europe is at its best level since February. US shares are also trading higher. Bond markets are quiet, with European yields paring yesterday’s...

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FX Daily, December 15: The Bulls are Emboldened

Swiss Franc The Euro has risen by 0.12% to 1.0775 EUR/CHF and USD/CHF, December 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P fell for the fourth consecutive session yesterday, the longest losing streak of the quarter, and this seemed to encourage profit-taking in the Asia Pacific region today. The MSCI Asia Pacific Index slipped for the second consecutive session, and even confirmation of the...

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FX Daily, December 2: Euro Rally Stalls while Brexit Concerns Trip Sterling

Swiss Franc The Euro has fallen by 0.39% to 1.0817 EUR/CHF and USD/CHF, December 2(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview:  The selling pressure that drove the dollar lower yesterday has abated, and the greenback is paring yesterday’s loss, though the dollar-bloc currencies are showing some resilience.  EC negotiator Barnier briefed ministers that the same three issues that have bedeviled the trade talks...

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FX Daily, November 27: Dollar Offered Ahead of the Weekend

Swiss Franc The Euro has risen by 0.19% to 1.0814 EUR/CHF and USD/CHF, November 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities are finishing the week on a firm tone, while the US dollar remains heavy. In the Asia Pacific, only Australia and India did not end the week on a firm note. The MSCI Asia Pacific completed its fourth consecutive weekly gain, for around a 13% gain. Europe’s Dow Jones Stoxx...

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FX Daily, November 5: The Dollar Slides and the Yuan Jumps

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...

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FX Daily, November 3: Risk Appetites Return as the US Goes to the Polls

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...

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FX Daily, October 15: Markets Shake and Dollar Goes Bid

Swiss Franc The Euro has stable by 0.00% to 1.0733 EUR/CHF and USD/CHF, October 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A combination of the surging virus, threatening the slow recovery that was already losing momentum, the lack of new stimulus in the US, and market positioning is seeing risk unwind in a big way today. Equities are selling off. Led by a 2% drop in Hong Kong, Asia Pacific equities...

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FX Daily, October 6: The Dollar Tests Key Supports and Pauses

Swiss Franc The Euro has fallen by 0.06% to 1.0776 EUR/CHF and USD/CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview: Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday’s gains, but other markets are heavier. Europe’s Dow Jones Stoxx 600 is snapping a three-day advance. The communications sector is the sole standout, though financials and energy are little changed....

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FX Daily, October 05: Monday’s Dollar Blues

Swiss Franc The Euro has fallen by 0.05% to 1.0782 EUR/CHF and USD/CHF, October 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: New actions to contain the virus are being taken in the US and Europe, but investors are looking past it and taking equities and risk assets, in general, higher to start the new week. MSCI Asia Pacific recouped most of last week’s 0.7% loss with gains of move than 1% in Japan, Hong...

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FX Daily, September 25: Sentiment Remains Fragile Ahead of the Weekend

Swiss Franc The Euro has fallen by 0.13% to 1.0801 EUR/CHF and USD/CHF, September 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dramatic week is finishing on a quieter note. The modest gains in US equities yesterday helped the Asia Pacific performance today. Most markets but China and Hong Kong pared the weekly losses, and easing regulations in Australia spurred a rally in financials that saw its stock...

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