Tag Archives: China Retail Sales

Swiss Franc The Euro has risen by 0.37% to 1.0901 CHF. This is a typical movement ahead of the SNB meeting tomorrow. This movement is probably unrelated to the Fed rate hike, given that the USD/JPY has fallen. It makes sense to go long CHF against JPY, if you bet on an inactive SNB. Inactive SNB would mean that the central bank will not speak about stronger FX Interventions or about lower rates. EUR/CHF - Euro Swiss...

Swiss Franc . FX Rates The US dollar has opened the week softer against the major currencies, except for the Japanese yen. The disappointing US inflation and retail sales data before the weekend have not been shrugged off, even though the US 10-year yield is a little higher and expectations for a Fed hike next month continue to be elevated. There is more focus on positive developments elsewhere, especially in...

First quarter GDP in China rose 6.9%, better than expected and above the government’s target (6.5%) for 2017. It stands to reason, however, that if Communist officials thought they could get 6.9% to last for the whole year they would have made it their target, especially since 6.5% would be less than the GDP growth rate for 2016 (6.7%). In only that one way is China’s GDP statistic meaningful. Due to unanswered...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 17(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Financial centers in Europe are closed for the extended Easter holiday.  Australian and New Zealand markets were also closed.   The drop in US 10-year Treasury yields in early Asia, with a brief push below 2.20%, appears to have kept the dollar under pressure.    As the North American market prepares to...

The first major economic data of 2017 from China was highly disappointing to expectations of either stability or hopes for actual acceleration. On all counts for the combined January-February period, the big three statistics missed: Industrial Production was 6.3%, Fixed Asset Investment 8.9%, and Retail Sales just 9.5%. For retail sales, the primary avenue for what is supposed to be a “rebalancing” Chinese economy,...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 14(see more posts on EUR/CHF, ) - Click to enlarge FX Rates UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50.   It is not clear what UK she will lead out the EU.  Scotland is beginning the legal proceedings to hold another referendum on independence.  There is some talk that Northern Ireland, which...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 20(see more posts on EUR/CHF, ) - Click to enlarge The Pound has recovered some its losses from early last week following the speech made by Prime Minister Theresa May which covered the Brexit issue. We could see further volatility going into next week though when the Supreme Court judgement is due to be released. Theresa May has already announced that she will...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 13(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is little changed against most of the major currencies.  The dollar finished yesterday’s North American session on a soft note, but follow through selling has been limited.  After rallying to near 10-month high above JPY116 yesterday, the greenback finished on session lows near JPY115.00. ...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 13(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is little changed against most of the major currencies.  The dollar finished yesterday’s North American session on a soft note, but follow through selling has been limited.  After rallying to near 10-month high above JPY116 yesterday, the greenback finished on session lows near JPY115.00. ...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc EUR/CHF - Euro Swiss Franc, November 14(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar rally that moved into a higher gear in the second half of last week has begun the new week with a bang. It is up against nearly...