Tag Archives: CAD

The main concerns of investors do not arise from the high-frequency data that are due in the coming days. Last week, the somewhat firmer than expected preliminary May CPI for the EMU failed to bolster the euro. The stronger than expected US jobs data, even if tipped by the President of the United States, and the pendulum of market sentiment swinging back in favor of two more Fed rate hikes this year did not trigger new...

Swiss Franc The Euro has risen by 0.30% to 1.1558 CHF. EUR/CHF and USD/CHF, June 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The week is ending quite a bit different than it began. The main banking concern is not in Italy but in German, where shares in Deutsche Bank shares fell to a record low yesterday, and S&P Global cut its credit rating one step to BBB+...

Swiss Franc The Euro has fallen by -0.42% to 1.1485 CHF. EUR-CHF and USD-CHF, May 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets that were in panic mode on Tuesday stabilized yesterday, and corrective forces have carried into today’s activity. However, the underlying issues in Italy and Spain are hardly clarified in the past 48 hours. ...

Swiss Franc The Euro has risen by 0.02% to 1.1821 CHF. GBP and CHF The Pound has remained fairly range bound against the Swiss Franc during the last couple of weeks as the markets appear to adopting a wait and see approach as to what might happen in the medium to long term. The Pound fell marginally during this time after the Bank of England once again decided to keep interest rates on hold at a split of 7-2 in...

Swiss Franc The Euro has fallen by 0.44% to 1.1877 CHF. EUR/CHF and USD/CHF, May 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates US 10-year rates are again probing the air above 3%, and this is encouraging a push back toward JPY110, with the euro slipping toward $1.19. Asian equities fell, with the MSCI Asia Pacific shedding 0.8%, the most in nearly a month, snapping a...

Swiss Franc The Euro has fallen by 0.10% to 1.1939 CHF. EUR/CHF and USD/CHF, May 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is sporting a softer profile against most of the major and emerging market currencies to start the new week. It already seemed to be tiring in the second half of last week. With today’s mild losses, Dollar Index is off for a...

Geopolitical issues will continue to bubble below the surface for the capital markets. The fallout from the reimposition of US sanctions on Iran has apparently helped lift oil prices in the face of the rising dollar, which often acts as a drag.  In the coming days, the US will take the symbolic step of moving its embassy to Jerusalem. The conflict between Israel and Iranian forces in Syria is escalating. Meanwhile, US...

Swiss Franc The Euro has fallen by 0.11% to 1.1937 CHF. EUR/CHF and USD/CHF, May 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar pulled back following yesterday’s slightly softer than expected CPI report and this likely marks the beginning of a new phase, with the dollar moving lower. Investors have learned over the past two weeks that neither wages nor...

Swiss Franc The Euro has risen by 0.18% to 1.1931 CHF. EUR/CHF and USD/CHF, May 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is consolidating in narrow trading against most of the major currencies as participants digest several developments ahead of what was expected to be the highlight today, the BOE meeting and US April CPI. The greenback’s...

Swiss Franc The Euro has fallen by 0.56% to 1.1885 CHF. EUR/CHF and USD/CHF, May 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s surge continues. The Dollar Index is testing the space above 93.00. A month ago it was below 90.  It does not appear to require fresh developments. The market continues to trade as if there are short dollar positions that are...