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Tag Archives: Bank of Canada

FX Daily, September 10: ECB and Beyond

Swiss Franc The Euro has risen by 0.07% to 1.0774 EUR/CHF and USD/CHF, September 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview:  A strong recovery in US stocks, a softer dollar, and higher gold and oil prices may signal the end of the brief though dramatic correction, but the market is in a bit of a holding pattern ahead of the ECB meeting.  Most of the major equity markets in the Asia Pacific region...

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FX Daily, September 09: Investor Anxiety Continues to Run High Despite Some Stability in the Capital Markets

Swiss Franc The Euro has fallen by 0.03% to 1.0802 EUR/CHF and USD/CHF, September 9(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview:  News that the AstraZeneca Phase 3 test had to be stopped to study the adverse reaction of one subject added to the uncertainty of investors amid one of the more significant reversals of risk appetites since March.  Equities continued to slump in the Asia Pacific region, with many...

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FX Daily, June 4: Risk Taking Pauses Ahead of the ECB

Swiss Franc The Euro has risen by 0.02% to 1.0798 EUR/CHF and USD/CHF, June 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After several days of aggressive risk-taking, investors are pausing ahead of the ECB meeting. Equities were mostly higher in the Asia Pacific region, though China was mixed, and Indian shares slipped. Europe’s Dow Jones Stoxx 600 is snapping a five-day advance, and US shares are trading...

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FX Daily, June 3: Dollar is Sold and ROW is bought

Swiss Franc The Euro has risen by 0.42% to 1.0791 EUR/CHF and USD/CHF, June 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Two recent trends continue. Equities are moving higher, and the dollar remains heavy. Equity markets in the Asia Pacific region rose at least one percent, and South Korea, Singapore, and Malaysia rallied 2-3%. Europe’s Dow Jones Stoxx 600 is up more than 1% for the third consecutive...

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FX Daily, March 5: The Capital Markets YoYo Continues

Swiss Franc The Euro has fallen by 0.04% to 1.0648 EUR/CHF and USD/CHF, March 5(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The 4.2% rally in the S&P 500 yesterday helped lift Asia Pacific markets earlier today, and the five basis point backing up of the US 10-year yield pushed regional yields higher. However, the coattails proved short, and Europe’s Dow Jones Stoxx 600 is snapping a three-day advance...

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FX Daily, March 4: Equities Trade Higher, While Yields Continue to Fall

Swiss Franc The Euro has fallen by 0.49% to 1.0627 EUR/CHF and USD/CHF, March 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The G7 delivered up a nothing burger than was shortly followed by a 50 bp Fed cut. The equity market seemed to enjoy it briefly and extended Monday’s dramatic gains, before falling out of bed. The S&P 500 lost about 2.2%, while the Dow Industrial slumped 3%, but shortly after the...

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FX Daily, January 20: Stocks Stall while the Dollar Remains Bid

Swiss Franc The Euro has risen by 0.05% to 1.0737 EUR/CHF and USD/CHF, January 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The new week is off to a quiet start as the US celebrates Martin Luther King’s birthday, and investors look for a fresh focus. Hong Kong and Indian markets were suffered modest declines while most of the other large Asia Pacific markets edged higher. European stocks are trading a...

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FX Weekly Preview: Central Bank Meetings Featured

The US dominated the news stream at the start of 2020. The spasm in the US-Iran confrontation has quickly subsided. The much-heralded US-China Phase 1 trade deal has been signed. The US has completed the ratification process of the US Mexico Canada Free-Trade Agreement. The early signs from the economic entrails suggest the world’s largest economy continue to enjoy a record-long, even if not robust, expansion. The focus shifts elsewhere in the week ahead,...

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FX Daily, October 31: No Good Deed Goes Unpunished

Swiss Franc The Euro has fallen by 0.32% to 1.0993 EUR/CHF and USD/CHF, October 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The equity and bond rally in North America yesterday carried over into today’s session. With some notable exceptions, like China, Taiwan, Australia, and Indonesia, most bourses in Asia Pacific and Europe traded higher. US shares are little changed in early Europe after the S&P...

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FX Daily, October 30: All About Perspective

Swiss Franc The Euro has fallen by 0.13% to 1.1026 EUR/CHF and USD/CHF, October 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are mostly treading water ahead of the Federal Reserve meeting. Asia Pacific and European equities drifted lower. The MSCI Asia Pacific Index appears to have snapped a four-day advance, while the Dow Jones Stoxx 600 was trading slightly lower for the second...

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