Tag Archives: Currency Movement

Swiss Franc The Euro has fallen by 0.05% to 1.0782 EUR/CHF and USD/CHF, October 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: New actions to contain the virus are being taken in the US and Europe, but investors are looking past it and taking equities and risk assets, in general, higher to start the new week. MSCI Asia Pacific recouped most of last week’s 0.7% loss with gains of move than 1% in Japan, Hong...

After falling in July and August, the US dollar strengthened against most of the major currencies in September.  The dramatic pullback in equities seemed to have undergirded the yen’s resilience, which gained a net 0.25% against the dollar.  However, the dollar’s broadly firmer tone appears corrective and consolidative in nature and coincided with the downturn in equities, especially high flying US tech shares.  Risk assets, in general, succumbed to profit-taking...

Swiss Franc The Euro has fallen by 0.03% to 1.0784 EUR/CHF and USD/CHF, October 2(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Before a US election, there is often speculation of a last-minute game-changing development. News earlier today that the US President and his wife have tested positive for the Covid virus has injected a new unknown into not only the US election but the markets as well. Many centers in...

Swiss Franc The Euro has fallen by 0.10% to 1.0779 EUR/CHF and USD/CHF, October 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Speculation that a new round of fiscal stimulus from the US is possible is encouraging risk-taking today.  Many large Asian centers were closed for holidays today, and a technical problem prevented the Tokyo Stock Exchange from opening. Nevertheless, the markets that were open rose by...

Swiss Franc The Euro has risen by 0.05% to 1.0798 EUR/CHF and USD/CHF, September 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Quarter and month-end considerations could be overwhelming other factors today. Turnaround Tuesday saw early gains in US equities fade. Asia Pacific shares were mixed, with the Nikkei (-1.5%) and Australia (-2.3%) bear the brunt of the selling, while China, Hong Kong, Taiwan, and...

Swiss Franc The Euro has risen by 0.05% to 1.0787 EUR/CHF and USD/CHF, September 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A consolidative tone continues across the capital markets. Equities have lost their momentum. The MSCI Asia Pacific Index was mixed, while Europe’s Dow Jones Stoxx 600 is paring yesterday’s sharp 2.2% gain. US shares are little changed but mostly softer. Benchmark 10-year yields are...

Swiss Franc The Euro has risen by 0.23% to 1.0822 EUR/CHF and USD/CHF, September 28 Source: markets.ft.com - Click to enlarge FX Rates Overview: Following the strong finish in the US before the weekend, global equities are paring last week’s slide. The MSCI Asia Pacific Index rose to for a second session. Markets in Japan, Taiwan, South Korea, and India rose by more than 1%. China and Australia were notable exceptions. Europe’s Dow Jones Stoxx 600 is gapped...

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...

Swiss Franc The Euro has risen by 0.07% to 1.0779 EUR/CHF and USD/CHF, September 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets lower. The MSCI Asia Pacific Index fell for the fourth consecutive...

Swiss Franc The Euro has risen by 0.04% to 1.0769 EUR/CHF and USD/CHF, September 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A more stable tone is evident in the capital markets after the S&P 500, and NASDAQ rose more than one percent yesterday. Japan returned from a two-day holiday, and local shares slipped fractionally, while China, Hong Kong, South Korea, and Australian shares rallied. India and...