Tag Archives: $CNY

Swiss Franc EUR/CHF - Euro Swiss Franc, November 28(see more posts on EUR/CHF, ). - Click to enlarge FX Rates As soon as markets opened in Asia, the greenback was sold, and corrective forces that had been nipping below the surface took hold. The euro, which had finished last week below $1.0590, rallied nearly a cent. Before the weekend, the greenback had pushed to almost JPY114, an eight-month high,  before...

(Dublin business trip is ending, London next week, sporadic posts to continue) Swiss Franc Click to enlarge. FX Rates The US dollar is lower against all the major currencies this week as North American participants close it out. On the day, the dollar is consolidating swings yesterday and is narrowly mixed. Bond yields are higher and equities are mostly lower. The euro has finished lower the last three Fridays....

[unable to retrieve full-text content]There were several developments that took place while US markets were closed for its Labor Day holiday. Most of the economic news was favorable. This included a strong snap back in the UK service PMI, more evidence that the moral suasion campaign to lift wages in Japan is yielding some success and a rise in the Caixin's China's service PMI.

[unable to retrieve full-text content]Net-net, the September Fed funds futures contract was little changed on the week. Four high-income central banks meet in the week ahead; the ECB is the only one in play. China accounted for a full three quarters of the US trade deficit in July.