Tag Archives: British Pound

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing  - Gold hedge against currency devaluation - cost of fuel, food, housing- True inflation figures reflect impact on household spending- Household items climbed by average 964%- Pint of beer sees biggest increase in basket of goods - rise of 2464%- Bread rises 836%, butter by 1023% and fuel (diesel) up by 1375%- Gold rises 2672% and hold's its value over 40 years- Savings eaten away by money creation and...

Swiss Franc vs USD and EUR Both Swiss Franc and Euro were moving upwards against the dollar. So CHF gained 3% versus the dollar in the last month. The Euro is the strongest currency. CHF lost around 1.3% against the Euro. EUR/CHF and USD/CHF, July 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted...

Swiss Franc vs USD and EUR The Euro remained the strongest among EUR, CHF and USD during the last month. The Swiss lost against EUR 1.5%, while it gained versus the dollar 0.75%. EUR/CHF and USD/CHF, July 15(see more posts on EUR/CHF, USD/CHF, ) 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...

Swiss Franc vs USD and EUR The US Dollar has lost 4% against the franc since the beginning of May, while the euro is down only 1%. Most important events in this week were the ECB meeting and the UK elections. The inability of the Tory Party to secure a parliamentary majority spurred a sharp decline in sterling. EUR/CHF and USD/CHF, June 10(see more posts on EUR/CHF, USD/CHF, )The picture shows that FX traders went...

Swiss Franc vs USD and EUR While the Euro traded in the range between 1.08 and 1.09, the dollar declined by nearly 3%. Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket)On a three years interval, the Swiss Franc had a weak performance. The dollar index was far stronger. The dollar makes up 33% of the SNB portfolio and 25% of Swiss...

Swiss Franc vs USD and EUR The Federal Reserve is on track to hike rates in the middle of June. It will be the third hike since the November election. In addition to keeping the door open to another hike this year, the Federal Reserve has signaled its intention to begin, however slowly, the reduction of its balance sheet. In the meantime, regardless of potential changes in its risk assessment, the ECB is unlikely to...

Swiss Franc vs USD and EUR The Swiss Franc recovered a lot of the losses that came with the French elections. That political event was mostly driven by speculators that will close their positions. We expected the EUR to trade around 1.07 to 1.0750 CHF in some time. What exactly is this “some time” remains open, but is at the latest in early 2018. Many, like Thomas Flury, currency strategist at UBS, think that the...

Swiss Franc The Swiss franc was the weakest of the majors. Its 1.7% fall was the largest in six months. Over the past month, the euro has rallied strongly against the Swiss franc. The 3.2% rally has seen the euro reach heights not see since last September. Thanks to the win of the pro-euro Macro, FX traders went long Euro and short CHF. The euro rose up to 1.0980. How long this momentum will last is still the question,...

Swiss Franc Currency Index The Swiss Franc index gained 1.5% in the last month, the biggest part of it is from the last week. Trade-weighted index Swiss Franc, May 06(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 interval, the Swiss...

Swiss Franc Currency Index Trade-weighted index Swiss Franc, April 29(see more posts on Swiss Franc Index, ) Source: markets.fx.xom - 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 interval, the Swiss Franc had a weak performance. The dollar index was far stronger. The dollar makes up 33% of the...