Swiss Franc Currency Index After a certain recovery in the last month, the Swiss Franc index lost ground again in this month. It is down one percent for this month, while the dollar index is up one percent. Trade-weighted index Swiss Franc, February 25(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the...
Read More »FX Weekly Review, February 13 – 18: Why still long the dollar?
Swiss Franc Currency Index The Swiss Franc index was mostly unchanged against the U.S. Dollar Index in the last week. One word about Marc Chandler’s argumentation below: Three types of investors are long the dollar: FX investors/speculators are long the dollar because of the difference in monetary policy (e.g. higher US rates). Cash investors, for example rich people from China and other Emerging Markets, currently...
Read More »FX Weekly Review, February 06 – 11: Further Dollar and CHF Strength versus Euro weakness ahead?
Swiss Franc Currency Index The major information about the Swiss economy since the beginning of the year were: New record in exports and in the trade surplus, albeit mostly driven by a few sectors: pharmaceuticals and chemicals. Considerable improvement of the consumer sentiment Improvement of the UBS consumption indicator. While in 2015, the trade surplus still expanded, we see clear tendencies that in 2017 the...
Read More »Currency opportunities emerge Down Under
The difference in macro outlooks means prospects are brightening for the New Zealand dollar against its Australian equivalent.At their February monetary meeting, both the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) kept their official cash rates unchanged at 1.50% and 1.75% respectively.However, given our view that New Zealand’s economic fundamentals are better than Australia’s, the temporary weakness of the New Zealand dollar that stemmed from the forward...
Read More »FX Weekly Review, January 30 – February 04: Reversal of Trump Reflation Trade Continues
Swiss Franc Currency Index The Swiss Franc index remained around the 2% gain that for the last month, the recovery from the Trump reflation trade. In this trade, investors preferred U.S. against European stocks. This tendency, however, is reversing now – and with it the franc recovered. Trade-weighted index Swiss Franc, February 04(see more posts on Swiss Franc Index, ) Source: market.ft.com - Click to...
Read More »FX Weekly Review, January 23 – 28: Dollar Downwards and CHF Upwards Correction, for how long?
Swiss Franc Currency Index The Swiss Franc index has a solid performance of 2.5% in the last month, while the dollar index is down nearly 3%. Trade-weighted index Swiss Franc, January 28(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket)On a three...
Read More »FX Weekly Review, January 16 – 21: Dollar Still Appears to Carving out a Bottom
Swiss Franc Currency Index During the last month the Swiss Franc index recovered some of the losses since the election of Donald Trump. Its performance is +2%, while the dollar index is 2% down. Trade-weighted index Swiss Franc, January 21(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted...
Read More »FX Weekly Review, January 09 – 14: Dollar Correction may be Over or Nearly So
Swiss Franc Currency Index For the first week since the election of Trump, the Swiss Franc index had a clearly better performance than the dollar index. It improved by 1.5% in the last ten days. Trade-weighted index Swiss Franc, January 14(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted...
Read More »FX Weekly Review, January 02 – 07: Is the corrective phase of the dollar over?
Swiss Franc Currency Index The Swiss Franc Index has lost 1% over the course of the last month, while the dollar index improved by 2%. Trade-weighted index Swiss Franc, January 07(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket)On a three years...
Read More »FX Weekly Review, December 26 – 30: Dollar Correction Poised to Continue
Swiss Franc Currency Index With last Friday’s break-down of the dollar, the Swiss Franc index could recover a bit. Its loss over December is now 1%. But the dollar index had a gain of 2%. Trade-weighted index Swiss Franc, December 30(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency...
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