Tag Archives: EUR

Swiss Franc The Euro has risen by 0.27% to 1.1485 CHF. EUR-CHF and USD-CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Traders are putting the final touches on another strong weekly performance for the US dollar. Strong economic data, including the PMIs, auto sales, and factory orders have surprised to the market. The ADP report warns that the storms that...

Swiss Franc The Euro has fallen by 0.03% to 1.1461 CHF. EUR/CHF and USD/CHF, October 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly little changed as the broad consolidation that has emerged this week continues. The two powerful forces that have emerged–expectation of a Fed hike at the end of the year and European political challenges–appear to...

Swiss Franc The Euro has risen by 0.10% to 1.1443 CHF. EUR/CHF and USD/CHF, October 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has a softer tone today, and it was that way even for the European PMI. The greenback eased further after the upside momentum faded yesterday. The heavier tone in Asia seemed spurred by a hedge fund manager’s call that...

Swiss Franc The Euro has risen by 0.17% to 1.1452 CHF EUR/CHF and USD/CHF, October 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Firm US interest rates and a strong manufacturing ISM yesterday help support the greenback, while disappointing construction PMI in the UK weighs on sterling. The euro briefly slipped below $1.17 in Asia for the first time in six weeks. It...

​ Swiss Franc The Euro has fallen by 0.30% to 1.1404 CHF EUR/CHF and USD/CHF, October 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is broadly higher as the quarter-end positioning losses seen at the end of last week area reversed. Developments in the US are seen as dollar positive, while the Catalonia-Madrid conflict, and slightly softer EMU...

We agree with the consensus that the markets are in a transition phase. The consensus sees this transition phase as a new economic convergence. European and Japanese economic growth continues above trend. Large emerging markets, including BRICs, are also expanding. Central banks are gradually moving away from the extreme accommodation. We recognize the robust economic growth, but we do not see this economic convergence...

This Great Graphic was composed on Bloomberg. It shows the recent price action of the Dollar Index. There seems to be a head and shoulders bottoming pattern that has been traced out over the last few weeks. The right shoulder was carved last week, and today, the Dollar Index is pushing through the neckline, which is found by connecting the bounces after the shoulders were formed. One of the important contributions of...

Swiss Franc The Euro has risen by 0.17% to 1.1449 CHF. EUR/CHF and USD/CHF, September 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Supported by a sharp rise in interest rates and ideas of tax reform, the US dollar is closing one of its best months of the year. The Dollar Index is snapping a six-month decline, and the euro’s monthly advance since February is ending....

Swiss Franc The Euro has risen by 0.34% to 1.1453 CHF. EUR/CHF and USD/CHF, September 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is consolidating inside yesterday’s ranges against the euro and yen while extending its gains against sterling and the dollar-bloc currencies.  The sell-off in the US debt market continues to drag global yields higher.  The...

Swiss Franc The Euro has risen by 0.17% to 1.1441 CHF. EUR/CHF and USD/CHF, September 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Federal Reserve may not be on a coordinated campaign to convince the markets of a pending rate hike as it did so effectively in late February and early March. But investors are getting the message. The Bloomberg calculation of the odds...