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Tag Archives: Brexit

FX Daily, October 1: Hope Springs Eternal

Swiss Franc The Euro has fallen by 0.10% to 1.0779 EUR/CHF and USD/CHF, October 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Speculation that a new round of fiscal stimulus from the US is possible is encouraging risk-taking today.  Many large Asian centers were closed for holidays today, and a technical problem prevented the Tokyo Stock Exchange from opening. Nevertheless, the markets that were open rose by...

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FX Daily, September 29: Consolidation Still Featured

Swiss Franc The Euro has risen by 0.05% to 1.0787 EUR/CHF and USD/CHF, September 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A consolidative tone continues across the capital markets. Equities have lost their momentum. The MSCI Asia Pacific Index was mixed, while Europe’s Dow Jones Stoxx 600 is paring yesterday’s sharp 2.2% gain. US shares are little changed but mostly softer. Benchmark 10-year yields are...

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FX Daily, September 28: Stocks Recover while the Greenback Consolidates

Swiss Franc The Euro has risen by 0.23% to 1.0822 EUR/CHF and USD/CHF, September 28 Source: markets.ft.com - Click to enlarge FX Rates Overview: Following the strong finish in the US before the weekend, global equities are paring last week’s slide. The MSCI Asia Pacific Index rose to for a second session. Markets in Japan, Taiwan, South Korea, and India rose by more than 1%. China and Australia were notable exceptions. Europe’s Dow Jones Stoxx 600 is gapped...

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FX Daily, September 18: When Every Thing is Said and Done, More is Said than Done

Swiss Franc The Euro has risen by 0.13% to 1.0775 EUR/CHF and USD/CHF, September 18(see more posts on EUR/CHF, USD/CHF, ). FX Rates Overview: Asia Pacific equities have taken the march on the US. Led by a 2% rally in Shanghai, most regional markets but Australia closed the week with gains.  A two-week fall in the MSCI Asia Pacific Index has been snapped. European stocks are little changed, and the Dow Jones Stoxx 600 is holding on to its second week of gains. It...

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FX Daily, September 17: Powell Lets Steam Out of Equities and Spurs Dollar Short-Covering

Swiss Franc The Euro has risen by 0.02% to 1.0743 EUR/CHF and USD/CHF, September 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Profit-taking after the FOMC meeting saw US equities and gold sell-off. The high degree of uncertainty without fresh stimulus did not win investors’ confidence. The Fed signaled rates would likely not be hiked for the next three years, and without additional measures, that appears...

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FX Daily, September 16: Dollar Eases Ahead of the FOMC

Swiss Franc The Euro has fallen by 0.04% to 1.0751 EUR/CHF and USD/CHF, September 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dollar has been sold against nearly all the world’s currencies ahead of what is expected to be a dovish Federal Reserve, even if no fresh action is taken. The Scandis and Antipodean currencies are leading the majors. The South African rand and Mexican peso are leading the...

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FX Daily, September 15: The Dollar Softens Ahead of the FOMC

Swiss Franc The Euro has fallen by 0.19% to 1.0755 EUR/CHF and USD/CHF, September 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets are relatively quiet so far today as the FOMC meeting gets underway. Equity markets in the Asia Pacific region, but Japan and Australia advanced, and the regional benchmark rose for the fourth consecutive session. European stocks are a little firmer. The...

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FX Daily, September 14: UK Presses Ahead, China Strikes Out at German Pork Producers, and Moody’s Weighs on Turkey

Swiss Franc The Euro has fallen by 0.07% to 1.0762 EUR/CHF and USD/CHF, September 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A flurry of deals, including the still-evolving Oracle-TikTok tie-up, helped lift equity markets in the Asia Pacific region.  South Korea’s Kospi, and Indonesia, which had been battered last week, led the advance. The MSCI Asia Pacific Index rose for the third consecutive...

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FX Daily, September 11: Still Reluctant to take Euro above $1.19 but Sterling Remains Unloved

Swiss Franc The Euro has risen by 0.09% to 1.0765 EUR/CHF and USD/CHF, September 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Yesterday’s roller-coaster price action has not had much impact on today’s activity. The slide in US equities after early gains failed to prevent Japanese, Chinese, and Hong Kong equities from advancing, though other markets in the region were not as resilient. It is the first...

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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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