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Tag Archives: Canada

FX Daily, November 20: US Treasury-Fed Dispute Spurs Handwringing but Immediate Market Impact was Exaggerated

Swiss Franc The Euro has fallen by 0.14% to 1.080 EUR/CHF and USD/CHF, November 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: News that the stimulus talks between the House Democrats and Senate Republicans was the excuse traders were looking for to extend the US equity gains yesterday, but shortly after the close, confirmation that Treasury was not going to agree to extend several Fed facilities sent stocks...

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FX Daily, October 28: Animal Spirits Called in Sick

Swiss Franc The Euro has fallen by 0.34% to 1.068 EUR/CHF and USD/CHF, October 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Sickened by the surging virus, animal spirits are bed-ridden today. Several European countries are experiencing the most fatalities and illnesses in several months, and policymakers are responded with national restrictions. In 32 US states, hospitalizations have surged by over 10% in...

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FX Daily, October 22: Greenback Stabilizes

Swiss Franc The Euro has fallen by 0.11% to 1.0723   EUR/CHF and USD/CHF, October 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Two sets of talks have riveted attention, and both appeared to have made progress yesterday. After some words, the EC, recognizing the importance of UK sovereignty, UK Prime Minister Johnson signaled a resumption of trade talks. In the US, Pelosi and Mnuchin appear to be on the...

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FX Daily, October 21: Dollar Slumps as Yields Rise

Swiss Franc The Euro is stable by 0.00% to 1.072 EUR/CHF and USD/CHF, October 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dollar is falling against most of the world’s currencies today, even as long-term yields rise to the most in four months and drags global yields higher. The US 10-year yield is pushing above 0.80%, and the 30-year is above 1.60%. Many are linking the backup in yields to prospects...

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FX Daily, September 25: Sentiment Remains Fragile Ahead of the Weekend

Swiss Franc The Euro has fallen by 0.13% to 1.0801 EUR/CHF and USD/CHF, September 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dramatic week is finishing on a quieter note. The modest gains in US equities yesterday helped the Asia Pacific performance today. Most markets but China and Hong Kong pared the weekly losses, and easing regulations in Australia spurred a rally in financials that saw its stock...

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FX Daily, September 15: The Dollar Softens Ahead of the FOMC

Swiss Franc The Euro has fallen by 0.19% to 1.0755 EUR/CHF and USD/CHF, September 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets are relatively quiet so far today as the FOMC meeting gets underway. Equity markets in the Asia Pacific region, but Japan and Australia advanced, and the regional benchmark rose for the fourth consecutive session. European stocks are a little firmer. The...

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FX Daily, July 10: Surge in Coronavirus Spooks Investors as China Takes Profits

Swiss Franc The Euro has risen by 0.22% to 1.0629 EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Record fatalities in a few US states, coupled with new travel restrictions in Italy and Australia, have given markets a pause ahead of the weekend. News that two state-backed funds in China took profits snapped the eight-day advance in Shanghai at the same time as there is an attempt...

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FX Daily, July 6: New Record Number of Covid Cases Doesn’t Curtail Appetite for Risk

Swiss Franc The Euro has risen by 0.07% to 1.064 EUR/CHF and USD/CHF, July 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A new daily high number of contagions globally has been reported, but the risk-appetites have been stoked. Chinese stocks have been on a tear. The Shanghai Composite rallied 5.7% today to bring the five-day advance to 13.6%. Most other regional markets, including Hong Kong, rallied as well...

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FX Daily, June 25: Contagion Growth and Calendar-Effect Saps Investor Enthusiasm

Swiss Franc The Euro has fallen by 0.17% to 1.0644 EUR/CHF and USD/CHF, June 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Given the huge run-up in risk assets this quarter, and the technical indicators warning of corrective forces, concerns over the new infections is pushing on an open door. The S&P 500 gapped lower yesterday and fell 2.6%, led by energy and airlines. The NASDAQ snapped an eight-day...

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FX Daily, May 8: Jobs and Negative Fed Funds Futures

Swiss Franc The Euro has fallen by 0.09% to 1.0528 EUR/CHF and USD/CHF, May 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 closed near its session lows for the third day running yesterday but failed to deter the bulls in Asia-Pacific, where most markets rose by more than 1%. Taiwan, Korea, and Australia lagged a bit though closed higher.  Europe’s Dow Jones Stoxx 600 is firm, and the modest...

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