Swiss Franc The Euro has risen by 0.07% to 1.1542 CHF. EUR/CHF and USD/CHF, June 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly firmer today, though has slipped back below the JPY110 level, as lower yields and equities support the Japanese yen. The main story in the foreign exchange market today is the continued slide in the Chinese renminbi....
Read More »FX Daily, June 20: Fragile Stability
Swiss Franc The Euro has fallen by 0.03% to 1.1514 CHF. EUR/CHF and USD/CHF, June 20(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The day began out with equity losses in Asia before a sharp recovery, perhaps initiated in China. The MSCI Asia Pacific Index was up a little more than 0.5%. The Shanghai Composite fell more than 1% before closing 0.25% better. Market...
Read More »FX Daily, June 14: Dollar Punished Ahead of ECB
Swiss Franc The Euro has risen by 0.43% to 1.1568 CHF. EUR/CHF and USD/CHF, June 14(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve. In fact, the inability of the greenback to hold on to the gains scored in the initial reaction to the Fed’s hike, optimism on the economy,...
Read More »FX Daily, May 31: Don’t Confuse Calmer Markets with Resolution
Swiss Franc The Euro has fallen by -0.42% to 1.1485 CHF. EUR-CHF and USD-CHF, May 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets that were in panic mode on Tuesday stabilized yesterday, and corrective forces have carried into today’s activity. However, the underlying issues in Italy and Spain are hardly clarified in the past 48 hours. ...
Read More »FX Daily, May 23: Dollar and Yen Surge, European Data Disappoints
Swiss Franc The Euro is down by 0.53% to 1.1628 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. Italy political drama is has spurred a significant rally in the Swiss franc. Over the past five days, it has been the strongest of the majors, rising 1.1% against the dollar and 1.8% against the euro. Today, it is the only major currency beside the yen that is gaining ground. Italian assets were...
Read More »FX Daily, February 08: Dollar Firms, While Equities Search for Stability
Swiss Franc The Euro has fallen by 0.43% to 1.152 CHF. EUR/CHF and USD/CHF, February 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the...
Read More »FX Daily, November 15: Dollar Slides
Swiss Franc The Euro has fallen by 0.07% to 1.1661 CHF. EUR/CHF and USD/CHF, November 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro and yen are extending their gains, casting a pall over the US dollar. The euro is extending its advance into a sixth consecutive session, which is the longest streak since May. It is approaching last month’s highs in the...
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