Tag Archives: CAD

Swiss Franc EUR/CHF - Euro Swiss Franc, March 01(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate has now slipped below 1.25, a trend I did say I expected to take shape this month. Whilst some commentators do foresee the pound finding some strength once Article 50 is triggered I believe there is a strong likelihood that we will actually be more likely to see the pound...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 01(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate has now slipped below 1.25, a trend I did say I expected to take shape this month. Whilst some commentators do foresee the pound finding some strength once Article 50 is triggered I believe there is a strong likelihood that we will actually be more likely to see the pound...

United States There is a broad consensus around the macroeconomic picture. The headwinds slowing the US economy in H1 16 have eased, and above trend growth in H2 16 appears to be carrying into 2017. Q4 16 GDP is expected to be revised to 2.1% up from 1.8%. Many economists appear to accept that a good part, though not all, of the decline in the estimated trend growth in the US, is a function of demographic...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 23(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a free run towards the triggering of Article 50 due to take place during March. This helped the Pound to hit its best rate to buy Swiss Francs in 2017 creating some...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound has made good gains against the Swiss Franc this morning with rates for GBP CHF now sitting at 1.2650 for this pair. The pound seems to have found support as the Brexit bill is still expected to pass through the House of Lords next week when the bill comes under additional scrutiny. There is a...

Swiss Franc Switzerland Trade Balance, Jan 2017(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has been in the main driven by sterling weakness which is weighing on the performance of the pound which has been in the main negative but we have lately seen the pound higher. This is mainly due to some clarity over the Brexit and just what...

Summary: Light economic calendar in the week ahead, but anticipation of US tax reform may underpin dollar and equities. European politics are in flux (France, Italy, Greece) and this may see spreads widen over Germany. Russia’s outlook was upgraded by Moody’s before the weekend, and China has announced no coal imports this year from North Korea. Brazil is expected to cut Selic by 75 bps. The week ahead is...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 17(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a steady to firmer note against the major currencies but the Japanese yen. The softer yields and weaker equity markets often are associated with a stronger yen. For the week as a whole, the dollar is mostly lower, though net-net it has held its own against sterling,...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 16(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF At the time of  writing the pound is trading much closer to it’s annual low against the Swiss Franc than it’s annual high, and for reason for this can simply be put down to last years Brexit vote. We are now just weeks from the formal initiation of the Brexit process and interestingly the Pound is...

For the last several weeks, we have been looking for the dollar correction that began around the Fed’s rate hike in the middle of December to be completed and for the uptrend to resume. The precise timing of the turn is difficult to get right, but our view is anchored by our macroeconomic assessment and is understanding of the key drivers. Our technical work suggests the dollar indeed has been carving out a bottom, and...