Tag Archives: Currency Movemeent

Swiss Franc The Euro has risen by 0.09% to 1.0948 EUR/CHF and USD/CHF, May 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: There are two general developments as the busy week gets underway. First, despite accelerated price readings in the US (CPI, PPI, import prices, and University of Michigan survey), US rates are soft. The 10-year yield is near 1.61% after rising to 1.70% after the CPI surprise last week....

Swiss Franc The Euro has risen by 0.05% to 1.1031 EUR/CHF and USD/CHF, April 29 Source: markets.ft.com - Click to enlarge FX Rates Overview:  The market’s initial reaction to the Federal Reserve statement and the press conference was that it was dovish: the 10-year yield slipped, and the dollar was sold to new lows.  In fact, the two countries that appear to be ahead of the curve among high-income countries, Canada and Norway, saw their currencies rally to new...

Swiss Franc The Euro has fallen by 0.02% to 1.104 EUR/CHF and USD/CHF, April 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It appears that the backing up of US yields is giving the dollar a better tone and challenging the Eurosystem, which has stepped up its bond purchases. The US 10-year yield is around 1.65%, roughly a two-week high and back above the 20-day moving average. European yields are mostly 2-4...

Swiss Franc The Euro is stable at 0.00% to 1.1041 EUR/CHF and USD/CHF, April 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Short-covering ahead of the FOMC’s outcome tomorrow appears to be lending the US dollar support today. It has extended yesterday’s gains against the euro, sterling, and yen. Among emerging market currencies, the Turkish lira, along with the South Korean won and Taiwanese dollar, lead...

Swiss Franc The Euro has risen by 0.28% to 1.1044 EUR/CHF and USD/CHF, April 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Many narratives link the prospect of higher capital gains tax on about a third of 1% of Americans as the catalyst for losses in US equities yesterday (and Bitcoin) and weakness in some global shares today. Of the large markets in the Asia Pacific region, only Japan, which is reimposing...

Swiss Franc The Euro has risen by 0.05% to 1.1015 EUR/CHF and USD/CHF, April 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Even as US yields edge higher, the dollar struggles. With the 10-year Treasury yields now at 1.62%, nine basis points above last week’s lows, the greenback has turned mixed against the major currencies. After briefly slipping below JPY108, the dollar has recovered to around JPY108.55....