Swiss Franc EUR/CHF - Euro Swiss Franc, December 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Asian shares trade heavily. The MSCI Asia-Pacific Index ex-Japan fell 0.4%. It is the fourth lower close this week and brings the loss to 1.75% for the week. It is fallen in seven of the past nine weeks. The Dow Jones Stoxx 600 is little changed on the session and is nursing a minor loss on the week and...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »S&P Futures Rise Propelled By Stronger Dollar; Europe At 1 Year High As Yen, Bonds Drop
It appears nothing can stop the upward moment of equities heading into the year end, and as has been the case for the past few weeks, US traders walk in with futures higher, propelled by European stocks which climbed to their highest in almost a year, while the dollar rose and bonds and gold fell, failing again to respond to a series of geopolitical shocks following terrorist attacks in Ankara, Berlin and Zurich. The yen tumbled after the Bank of Japan maintained its stimulus plan even as the...
Read More »FX Daily, December 12: Dollar and Yen Trade Lower to Start the Week
Swiss Franc The EUR/CHF improved today. The OPEC-non-OPEC agreement was the reason. Always when oil gets more expensive, the euro, gold, CHF and the whole “Asian bloc” rises against dollar and yen. Still it was astonishing that the euro improved more against USD than the inflation hedge CHF. Reason might be that investors now consider the ECB the most dovish central bank. Higher oil prices, however, may lead to more...
Read More »FX Daily, December 12: Dollar and Yen Trade Lower to Start the Week
Swiss Franc The EUR/CHF improved today. The OPEC-non-OPEC agreement was the reason. Always when oil gets more expensive, the euro, gold, CHF and the whole “Asian bloc” rises against dollar and yen. Still it was astonishing that the euro improved more against USD than the inflation hedge CHF. Reason might be that investors now consider the ECB the most dovish central bank. Higher oil prices, however, may lead to more...
Read More »FX Weekly Preview: Focus Shifts toward Europe
Summary: US developments have driven the dollar rally and bond market decline over the past three weeks. Attention shifts to European politics and the ECB meeting. Bank of Canada and the Reserve Bank of Australia meet but are unlikely to change policy. United States There were significant moves in interest rates and currencies last month. The drama was primarily spurred by the solidification of expectations...
Read More »FX Daily, November 25: Corrective Forces Emerge, but Underlying Trend is Evident
Swiss Franc EUR/CHF - Euro Swiss Franc, November 25(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar’s recent gains are being trimmed today, and it is down against all the major currencies. Many emerging market currencies, including the Turkish lira, Indian rupee, and Hungarian forint are firmer today. The dollar’s losses are minor, and the forces that drove it higher remain intact. One of...
Read More »FX Daily, November 22: Bonds and Stocks Rally, Leaving Greenback to Meander
Swiss Franc Switzerland Trade Balance, October 2016(see more posts on Switzerland Trade Balance, ). Source: Investing.com - Click to enlarge Sterling has seen huge gains vs the Swiss Franc during today’s trading session as Prime Minister Theresa May spoke out in an attempt to reassure the UK economy. It was one of the most positive speeches since her she took her position and she suggested that the UK would be...
Read More »FX Daily, November 18: Revaluation of the Dollar Continues
Swiss Franc EUR/CHF - Euro Swiss Franc, November 18(see more posts on EUR/CHF, ). - Click to enlarge FX Rates Since the US election, the dollar has been on a tear. Pullbacks have been brief and shallow. There are powerful trends in place. The euro has fallen nearly five percent over the past ten sessions, during which it is not closed higher once. The dollar rose four days this week against the yen and four days...
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