Swiss Franc The Euro has risen by 0.06% to 1.0966 EUR/CHF and USD/CHF, June 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Market participants appear to be biding their time ahead of tomorrow’s US jobs report as they digest recent developments. The dollar is firmer, equities are mixed, and benchmark bond yields are a little firmer. China and Hong Kong shares continue their recent underperformance, while...
Read More »FX Daily, May 14: Softer Yields = Softer Dollar
Swiss Franc The Euro has risen by 0.03% to 1.0944 EUR/CHF and USD/CHF, May 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The surge in consumer prices reported on Wednesday saw rates jump and the dollar push higher. Stronger than expected producer prices yesterday, and news of wage increases (average 10%) at Mcdonalds and for 75,000 people Amazon wants to hire, saw rates ease and the dollar’s upside...
Read More »FX Daily, May 13: Long Lost Bond Vigilantes Sighted, Gives Dollar Fillip
Swiss Franc The Euro has fallen by 0.15% to 1.0957 EUR/CHF and USD/CHF, May 13(see more posts on Business, EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It is as if the bond vigilantes were pushed too far. US inflation is accelerating more than expected, and it cannot all be attributed to the base effect, and the Federal Reserve, to many investors, is tone-deaf. With powerful fiscal stimulus, nominal growth above 10%, and the...
Read More »FX Weekly Preview: US Soars while Rivals are Hobbled
We are approaching the mid-point of the first quarter, and the coronavirus from China is the new key development for businesses and investors. The economic impact appears to be still growing as the disruption to supply chains, production, and demand continues. The re-opening of China from the extended Lunar New Year holiday brought some relief to the markets as officials ensured ample liquidity, leaned against short selling, and offered concessions to businesses...
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