Tag Archives: CAD

Swiss Franc The Euro has fallen by 0.81% to 1.1355. Even more than the dollar, the Swiss Franc has muscled today. EUR/CHF and USD/CHF, August 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has surged. The main impetus comes from the dramatic slide in the Turkish lira.  After moving above TRY5.0 yesterday, it reached TRY6.30 today before stabilizing a...

Swiss Franc The Euro has fallen by 0.48% to 1.1476 CHF. EUR/CHF and USD/CHF, August 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets are mostly quiet. US sanctions on Turkey and Russia are pressuring their respective currencies, and the New Zealand dollar has slumped nearly 1.5% on the back of a dovish hold by the central bank. The Kiwi is...

Fears that the UK could leave the EU in a little over six months without an agreement continues to drag sterling lower. Recall that over the weekend, the UK’s International Trade Minister Fox suggested there was a 60% chance of a no-deal Brexit. A few days earlier BOE Carney said that although it was not the most likely scenario, the risks such a departure were “higher than comfort.” Sterling is lower for a fifth...

Swiss Franc The Euro has risen by 0.18% to 1.1532 CHF. EUR/CHF and USD/CHF, August 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is pulling back today after yesterday’s advance. All the major currencies are higher and even the Turkish lira, which plunged nearly 5% yesterday to cap a six-day slide, is trading firmer today ([email protected]). The dollar’s...

Swiss Franc The Euro has risen by 0.13% to 1.1522 CHF. EUR/CHF and USD/CHF, August 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar edged higher against most of the major currencies, and emerging market currencies are heavier. Sterling’s quarter percent drop makes it the weakest of the majors in slow turnover and it was sufficient to record a new...

Swiss Franc The Euro has fallen by 0.19% to 1.1503 CHF. EUR/CHF and USD/CHF, August 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading at the upper end of its recent ranges against the euro and sterling. The euro finished below $1.16 yesterday for the first time since the end of June and has not been able to resurface that level so far today. We...

For the first time since mid-June, the US dollar has traded below CAD1.30. The greenback is weaker against all the major currencies. However, for the most part, it is still in well-worn ranges, which makes the breakdown against the Canadian dollar even more notable. It is not clear that today’s break will be sustained. Indeed, we lean against it. However, a bounce back into the CAD1.3040-CAD1.3060 may offer a better...

Swiss Franc The Euro has fallen by 0.03% to 1.159 CHF. EUR/CHF and USD/CHF, July 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The week’s big events lie ahead. It is seen as the last important week before the dog days of summer when many participants will take holidays. The BOJ’s two-day meeting concludes tomorrow. Speculation that the BOJ is looking for ways to...

Swiss Franc The Euro has risen by 0.22% to 1.1597 CHF. EUR/CHF and USD/CHF, July 27(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Trends The US dollar is trading firmly in Europe after consolidating yesterday’s gains during the Asian session and ahead of the first look at Q2 GDP. Yesterday’s economic reports, including durable goods orders and inventory data, saw the...

Swiss Franc The Euro has risen by 0.19% to 1.1651 CHF. EUR/CHF and USD/CHF, July 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is little changed but mostly softer as the week draws to a close. The market is digesting the implications of yesterday’s comments by President Trump about interest rates and foreign exchange, and without fresh economic data, are...