Tag Archives: US Dollar Index

While few will be trading in the week between Christmas and New Years, we thought it might be helpful to review the dollar’s technical condition.  We make two overall points. First, although the dollar’s rally strengthened and extended after the November US election, this leg up of the dollar’s longer-term rally began at the end of Q3.  The anticipation of new policies by the Trump Administration, part of the story,...

Swiss Franc Currency Index The Swiss Franc index reduced its losses to 2 percent in the last month, while the dollar index is still 2.5 percent up. Trade-weighted index Swiss Franc, December 16(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge The chart shows the massive advance of the dollar index in the last three years, while the Swiss Franc index lagged. Swiss Franc Currency Index (3...

Swiss Franc Currency Index The Swiss Franc index remained in a losing position compared to the dollar index. However since November 25, it has remained stable. Given that the ECB extended the QE period, the EUR/CHF has fallen to 1.0730 again. Trade-weighted index Swiss Franc, December 09(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss...

Swiss Franc Currency Index The Swiss Franc index remained in a losing position compared to the dollar index. However since November 25, it has remained stable. Given that the ECB extended the QE period, the EUR/CHF has fallen to 1.0730 again. Trade-weighted index Swiss Franc, December 09(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss...

Swiss Franc Currency Index The Swiss Franc index continued around its 4% loss since the U.S. elections, while the US Dollar index had a 4% increase. Trade-weighted index Swiss Franc, December 02(see more posts on Swiss Franc Index, ). Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three years interval, the Swiss...

Swiss Franc Currency Index At least against the Swiss Franc index, the dollar index could further advance last week. We had observed SNB interventions in the previous week that kept the euro mostly above 1.07. Investors were hedging against the Trump reflation trade and potential inflation that comes with it. Trade-weighted index Swiss Franc, November 25(see more posts on Swiss Franc Index, ). Source: FT.com -...

Swiss Franc Currency Index The weeks after Trump’s election continue to see a weakening of the Swiss Franc, while the dollar index is on a steady rise. Still both the euro and the yen have seen worse performance than the Swiss Franc. The euro is currently under 1.07 CHF. Trade-weighted index Swiss Franc, November 18(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index...

Swiss Franc Currency Index and the Trump Reflation Trade The Swiss Franc Index rose sharply, shortly after the U.S. elections. But then the Trump reflation trade came. Trump may fulfills the wet dreams of many economists. With tax cuts he might extend the U.S. fiscal deficit up to 10% per year. This resulted in: Gains on U.S. stocks and other dollar-denominated assets. In particular by yield-seeking Japanese pension...

Swiss Franc Currency Index As visible in the graph, the Swiss Franc index recovered most of its losses against the US Dollar Index for the last 30 days. In the last 30 days, both the USD currency index and the CHF currency index have had a positive performance. The USD dollar index still with a +1%, while the CHF index is finally slightly in positive territory. Clearly the major reason, is a new 6 month low on...

Swiss Franc Currency Index The Swiss Franc showed some improvement at the end of the week, when recovered some of the losses seen this month. Trade-weighted index Swiss Franc, October 28, 2016(see more posts on Swiss Franc Index, ) - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three...