Tag Archives: CAD

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc With the not convincing U.S. jobs number, both the EUR and, in particular, the Swiss Franc could improve. With continuing political uncertainty in the U.S., more speculators closed their short CHF positions. Moreover, I expect significant...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs EUR/CHF Swiss Franc: The EUR/CHF has fallen again to the SNB intervention levels of 1.08. The dollar has depreciated by more than 1%. Who has followed our blog, knows that the Franc is a proxy for global growth, in particular Emerging Markets. Today’s...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Canada maintains inflation target of the middle of a 1-3% band. Adopts a trimmed and median core measure like Australia. Market seems to be under-estimating the risk of a BoC rate cut next year. The Canadian government renewed the Bank of Canada’s...

Swiss Franc EUR/CHF - Euro Swiss Franc, October 27(see more posts on EUR/CHF, ). - Click to enlarge GBP/CHF rates have levelled out over the past couple of weeks following some heavy losses earlier this month. The Pound crashed following UK Prime Minister Theresa May’s comments regarding the triggering of Article 50 early next year. Whilst we knew this was coming the timeline was shrouded in uncertainty and the...

Swiss Franc EUR/CHF - Euro Swiss Franc, October 25 2016(see more posts on EUR/CHF, ). Source: Investing.com - Click to enlarge The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney met with a House of Lords committee about Brexit. There was a sudden 1% fall in the price of sterling in the minutes prior to the...

EUR/CHF The SNB might have been behind the jump from 1.08 towards 1.823 in the last two days. EUR/CHF - Euro Swiss Franc, October 25 2016(see more posts on EUR/CHF, ). Source: Investing.com - Click to enlarge GBP/CHF The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney met with a House of Lords committee about...

Swiss Franc Sterling vs the Swiss Franc has remained close to its lowest level in history caused by the aftermath of the Brexit vote back in June and more recently the announcement that Article 50 will be triggered by March 2017. Confidence in Sterling exchange rates has plummeted recently and until we get some form of assurances as to how the talks may go with the European Union we could see Sterling fall even...

Summary: Fitch cut Italy’s rating outlook to negative from stable, while DBRS left Portugal’s rating and outlook unchanged. Europe and Canada’s free trade negotiations broke down, but many seem to be making exaggerating the significance of the drama. Japan and Australia report inflation figures, and both are exceptions to the generalization that price pressures are rising in (most) high income countries. There...

Summary: Fitch cut Italy’s rating outlook to negative from stable, while DBRS left Portugal’s rating and outlook unchanged. Europe and Canada’s free trade negotiations broke down, but many seem to be making exaggerating the significance of the drama. Japan and Australia report inflation figures, and both are exceptions to the generalization that price pressures are rising in (most) high income countries....

Swiss Franc The EUR/CHF ended the evening at 1.0810. The question is if the SNB was intervening or not. We are convinced that the “new floor” is the area between 1.08 and 1.0850. Hence there should be stronger interventions going on. EUR/CHF - Euro Swiss Franc, October 21 2016(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar is firm especially against the European complex and emerging...