Tag Archives: CAD

Swiss Franc The euro is up by 0.15% to 1.1385 CHF EUR/CHF and USD/CHF, July 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a respite from the recent selling, but its gains have been shallow, and will likely prove brief. The upticks have been concentrated in the recently high-flying dollar-bloc currencies, and sterling. The tone appears to be...

Summary: For the US jobs data to rally the dollar, it needs to increase the likelihood of a Fed hike in September, a high bar. The BOE will stand pat, a 6-2 vote would likely be accompanied by a hawkish inflation report. The RBA will also hold rates steady, and of course, it would prefer a weaker currency. The tide of sentiment has turned against the dollar. The enthusiasm seen in the second part of last year,...

Swiss Franc EUR/CHF and USD/CHF, July 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets are subdued today; a dearth of fresh news and tomorrow’s FOMC meeting are making for light activity and limited price movement. The US dollar is little changed against most of the major currencies. The net change on the day through most of the European...

Swiss Franc The euro has depreciated by 0.13 to 1.1043 CHF. EUR/CHF and USD/CHF, July 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is very much unloved. The apparent stabilization of the political situation in Europe and sustained pace of above trend growth contrasts with the US where the political situation leaves much to be desired and the economy is...

Swiss Franc The Euro has fallen by 0.02% to 1.1031 CHF. EUR/CHF - Euro Swiss Franc , July 14(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The Australian dollar has taken over leadership in the dollar bloc from the Canadian dollar.  The Aussies are up about 0.35% today to extend this week’s gains to more than 2% and reach a new high for the year a little more than $0.7760.   The Canadian dollar is...

Swiss Franc The euro has appreciated by 0.23% to 1.0896 CHF. EUR/CHF - Euro Swiss Franc(see more posts on EUR/CHF, ) - Click to enlarge FX Rates As the market heads into the weekend, the US dollar is trading softer as it consolidates. It is within yesterday’s ranges against the major currencies but the Japanese yen. The dollar has made a dramatic recovery against the yen. It traded near JPY108.80 in the middle of...

Swiss Franc The Euro has fallen by 0.21% to 1.0869 CHF. EUR/CHF - Euro Swiss Franc, June 15(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar gains scored yesterday in response to what appeared to be a more hawkish FOMC than expected have been extended today.  The euro and the Swiss franc have recorded new lows for the month. In some ways, a do-nothing MPC meeting may be overshadowed by the...

Swiss Franc The Euro has fallen by 0.02% to 1.0850 CHF. EUR/CHF - Euro Swiss Franc, June 13(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is trading with a heavier bias against all the major currencies save the Japanese yen.  The Scandis and Canadian dollar are leading the move.  Sweden reported a 0.1% rise in the headline and underlying inflation while the median expected a decline of...

Swiss Franc The euro is up by 0.02% to 1.0851 CHF. EUR/CHF - Euro Swiss Franc, June 09(see more posts on EUR/CHF, ) - Click to enlarge FX Rates What looked like a savvy move in late April has turned into a nightmare.  Collectively, voters have denied the governing Conservative party a parliamentary majority. The uncertainty today does not lie yesterday with the known unknown, but with the shape of the next...

Swiss Franc The euro is lower at 1.0853 (-0.06%). EUR/CHF - Euro Swiss Franc, June 06(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The week was supposed to be dominated by the UK election and the ECB meeting, but the yen is stealing the show in the first part of the week. The US dollar has been sold through JPY110 for the first time since late April. The euro has fallen from JPY125.30 before the...