Tag Archives: EMU

Swiss Franc The Euro has risen by 0.17% to 1.0893 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: The US dollar is rising against nearly every currency today as global growth concerns deepen. Japan’s Tankan Survey showed large manufacturers confidence is a six-year low. The Reserve Bank of Australia cut 25 bp as widely expected and kept the door open for more. The final EMU PMI...

Swiss Franc The Euro has risen by 0.09% to 1.0835 EUR/CHF and USD/CHF, September 04(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Risk appetites have been bolstered by three developments. The UK appears to have taken a tentative step away from leaving the EU without a deal. Hong Kong’s Chief Executive Lam has agreed to formally withdraw the controversial extradition measure that had been suspended. The...

The US-China tensions remain the dominant driver of investor risk appetites. President Trump has repeatedly accused China of manipulating its currency on twitter, and finally Treasury Secretary Mnuchiin acquiesced after China failed to prevent the dollar from rising above CNY7.0. China set the reference rate for the dollar lower than models based on the basket the PBOC uses implied for the past three sessions, and this...

Swiss Franc The Euro has fallen by 0.15% to 1.1026 EUR/CHF and USD/CHF, July 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After a shellacking in recent days, sterling has stabilized though there is not much of a bounce to speak of, suggesting the adjustment to the risk of a no-deal Brexit may not be complete. After the S&P 500 posted back-to-back...

Swiss Franc The Euro has fallen by 0.17% at 1.0966 EUR/CHF and USD/CHF, July 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Disappointing flash PMI pushed an already offered euro lower ahead of tomorrow’s ECB meeting. European bonds rallied and equities, amid a rash of earnings, is trying to extend the advance for a fourth consecutive session. Italian and...

The week ahead is likely to provide some clarification for investors on three fronts that have been a source of uncertainty. The FOMC meeting, with updated forecasts, is center stage. The credit markets are pushing the Fed to be aggressive but can be disappointed. In the eurozone, the preliminary PMI may confirm a modest, even if uneven recovery. The G20 summit is the focus of much attention as many see it as the last...

Swiss Franc The Euro has fallen by 0.20% at 1.1222 EUR/CHF and USD/CHF, May 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The slump in equities continues after the poor showing in the US yesterday. Nearly all bourses in Asia Pacific and Europe are lower. Indonesia is the notable exception as domestic operators re-position after the election. Foreign investors...

Swiss Franc The Euro has fallen by 0.43% at 1.121 EUR/CHF and USD/CHF, May 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The deterioration of the investment climate is spurring the sales of stocks and the buying of bonds. The dollar is firm. China and the US appear to be digging as if the trade tensions will remain for some time and the breech is beginning...

Swiss Franc The Euro has risen by 0.31% at 1.1437 EUR/CHF and USD/CHF, April 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 set a new record high and close yesterday, but the lift to global markets was not strong enough to overcome the disappointing Chinese PMI. Although Chinese equities traded higher on ideas that the news will spur additional...

Swiss Franc The Euro has risen by 0.20% at 1.1188 EUR/CHF and USD/CHF, April 01(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Better than expected German retail sales ad employments reports at the end of last week has been followed by gains in China’s official PMI  and Caixin’s manufacturing reading. However, the spillover from China was limited in Asia....