Swiss Franc The Euro has fallen by 0.08% at 1.1229 EUR/CHF and USD/CHF, January 07(see more posts on EUR/CHF, USD/CHF, ) - Click to enlarge FX Rates Overview: The combination of robust US jobs and wage growth, more comforting words from Powell and a strong rally US stocks before the weekend helped lift Asian markets today and underpinned risk-taking appetites. However, renewed protests in France (and Hungary)...
Read More »FX Daily, December 17: Markets Quiet to Start Fed Week
Swiss Franc The Euro has fallen by 0.20% at 1.1258 EUR/CHF and USD/CHF, December 17(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Activity in the global capital markets is subdued as investors move to the sidelines as the year-end approaches. The Federal Reserve headlines the holiday week that also features a Bank of England a Bank of Japan meeting. Only...
Read More »FX Daily, December 12: Markets Calm on May Day
Swiss Franc The Euro has risen by 0.36% at 1.1279 EUR/CHF and USD/CHF, December 12(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US S&P 500 failed to sustain the early upside momentum, but global equities are moving higher today, and there is some optimism on the trade front. Emerging market equities and currencies are also doing well today. Canada...
Read More »FX Daily, October 22: Collective Sigh of Relief?
Swiss Franc The Euro has fallen by 0.24% at 1.1435 EUR/CHF and USD/CHF, October 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates US Dollar: After a slow start in Asia, the US dollar has turned better bid. The euro recovered from $1.1430 before the weekend to $1.1550 today, where an option for almost 525 mln euros expires today. There is another option (1.6 bln euros) at...
Read More »FX Daily, October 18: China’s Angst Stays Local
Swiss Franc The Euro has fallen by 0.07% at 1.1436 EUR/CHF and USD/CHF, October 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Asian equities were lower, led by a nearly 3% drop in Shanghai, while European shares shrugged it off and the Dow Jones Stoxx 600 is up about 0.4% in late morning turnover. The S&P 500 is off by about 0.25%. Global bond yields...
Read More »FX Daily, October 17: Greenback is Little Changed While Stocks Recover
Swiss Franc The Euro has fallen by 0.13% at 1.1449 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: Led by a dramatic recovery in US stocks, global equities are moving higher today. Before last week, decline, the US stock market lacked breadth, but not only did the S&P 500 and NASDAQ post their biggest advance in several...
Read More »FX Daily, October 15: Monday Blues
Swiss Franc The Euro has fallen by 0.38% at 1.142 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: Despite the pre-weekend gains that lifted the S&P 500 above its 200-day moving average, global equities are moving lower today. The main news over the weekend included the US renewing its threat to impose more tariffs on China...
Read More »FX Daily, October 08: China and European Woes Weigh on Equities but Buoy the Dollar
Swiss Franc The Euro has fallen by 0.24% at 1.1395 EUR/CHF and USD/CHF, October 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets are having a rough adjustment to the return of the Chinese markets are the week-long holiday. The cut in the required reserves failed to lift investor sentiment. The Shanghai and Shenzhen Composites fell almost 4%, and...
Read More »FX Daily, October 01: NAFTA Deal Struck, Softer EMU Mfg PMI, and Firm Greenback Starts Week
Swiss Franc The Euro has risen by 0.16% at 1.1415 EUR/CHF and USD/CHF, October 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Canadian dollar and Mexican peso are extending its pre-weekend gains on news that a new NAFTA deal (US-Mexico-Canada Agreement USMCA) has been struck. Against most of the other major and emerging market currencies, the US dollar...
Read More »FX Daily, July 02: Third Quarter Begins With a Thump
The window dressing ahead of the end of Q2 failed to signal a turn in sentiment. Equity markets have taken back those gains and more. The US dollar is broadly firmer, though it was coming off its best levels near midday in Europe, and the three-basis-point slippage puts the US 10-year yield at 2.83%, its lowest in more than a month. Investors are wrestling with the implications of escalating trade tensions. The US...
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