Tag Archives: Currency Movement

Swiss Franc The Euro has fallen by 0.08% to 1.1014 EUR/CHF and USD/CHF, October 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: As the UK awaits the EU’s decision on its request, disappointing flash PMI readings Japan, Australia, and Germany have filled the news vacuum. Sweden’s Riksbank retained a hawkish tone while keeping rates on hold, and Norway’s Norges Bank also stood pat. The market expects Turkey to...

Swiss Franc The Euro has fallen by 0.06% to 1.0999 EUR/CHF and USD/CHF, October 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: UK Prime Minister Johnson is neither dead in a ditch as he said he would prefer to be than request an extension of Brexit, nor will the UK leave the EU at the end of the month. Yesterday’s vote rejected the attempt to fast-track the legislation needed to support the divorce...

Swiss Franc The Euro has risen by 0.09% to 1.0999 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: Bismark is said to have warned that laws were like sausages, and to respect them, one ought not to see how they are made. The UK had a non-binding referendum more than three years ago, and although it won by 52%-48% and the party leaders committed to adhering to the results, it still...

Swiss Franc The Euro has risen by 0.20% to 1.0989 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 UK’s departure from the EU remains up in the air as a new attempt to pass the necessary legislation through Parliament continues today. Many market participants seem to remain optimistic that Prime Minister Johnson’s plan will ultimately succeed. After slipping to $1.2875...

Swiss Franc The Euro has fallen by 0.26% to 1.0983 EUR/CHF and USD/CHF, October 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A Brexit deal between the UK and the EU has been struck. Whether it can win Parliament’s approval is a horse of a different color. Meanwhile, US-Chinese relations continue to sour. The capital markets are narrowly mixed as investors await further developments. The MSCI Asia Pacific...

Swiss Franc The Euro has fallen by 0.06% to 1.1006 EUR/CHF and USD/CHF, October 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Fading hopes that a Brexit agreement can be struck is seeing sterling trade broadly lower, while China’s demand that US tariffs be rescinded in exchange for a commitment to buy $40-$50 bln of US agriculture goods over two years, makes the handshake agreement less secure. At the same...

Swiss Franc The Euro has fallen by 0.16% to 1.0977 EUR/CHF and USD/CHF, October 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Ideas that a Brexit deal may be close is helping to firm sterling, while soft Chinese PPI offset the spike in food prices to show the weakness of the world’s second-largest economy. Minutes from the meeting of the Reserve Bank of Australia earlier this month kept a door open to a...

Swiss Franc The Euro has risen by 0.37% to 1.0962 EUR/CHF and USD/CHF, October 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Conflicting headlines about US-China trade whipsawed the markets in Asia, but when things settled down, perhaps, like the partial deal that has been hinted, net-net little has changed. Asian equities were mixed, with the Nikkei, China’s indices, and HK gaining, while most of the...

Swiss Franc The Euro has risen by 0.35% to 1.0912 EUR/CHF and USD/CHF, October 9(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The 1.5% drop in the S&P 500 and the deterioration of US-China relations and the prospects of a no-deal Brexit failed did not carry over much into today’s activity. Asia Pacific equities were mostly a little lower, though China and India bucked the regional trend, while Korea was...

Swiss Franc The Euro has risen by 0.05% to 1.0926 EUR/CHF and USD/CHF, October 7(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are uneasy as the risks that have dominated investors’ concerns–trade and Brexit–remain front and center today. Expectations are low that this week’s talks between the US and China will lead to a breakthrough or will be sufficient to postpone further the next...