Swiss Franc The Euro has fallen by 0.06% to 1.1279 CHF. EUR/CHF and USD/CHF, August 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The second largest drop in US equities this year has spilled over to drag global markets lower. The MSCI Asia Pacific Index fell nearly 0.5%, snapping a four-day advance and cutting this week’s gain in half. The Dow Jones Stoxx did not...
Read More »FX Daily, July 25: Big Week Begins Slowly
Swiss Franc Click to enlarge. FX Rates What promises to be a busy week has begun off slowly. The US dollar has been largely confined to its pre-weekend ranges against most of the major currencies. Equity markets are mostly firmer following the new record highs on Wall Street. The MSCI Asia Pacific Index eked out a small gain (0.1%), with losses in Japan, Taiwan, and Singapore offsetting gains elsewhere. ...
Read More »European Politics Beyond the UK Referendum
Sterling is hovering around seven cents above last week’s lows as many short-term participants better position themselves for the UK to vote to say in the EU, even though many opinion polls show a statistical dead heat. The German Constitutional Court dismissed claims that the ECB’s Outright Market Transactions does not violate the German Constitution. Italy’s run-off for local elections was held over the past...
Read More »