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Tag Archives: EUR/CHF

FX Weekly Review, August 21 – August 26: Dollar Loses its Gains Against CHF

USD/CHF The dollar had some gains versus the franc during the last month, but it lost all during the last days. EUR/CHF The euro is still around 1.14, this is up 2.5% against one month ago. The rising momentum for EUR/CHF, however, seems to be fading. EUR/CHF and USD/CHF, August 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3...

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FX Daily, August 25: Is the Janet and Mario Show a New Episode or Rerun?

Swiss Franc The Euro has risen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 25(see more posts on EUR/CHF, USD/CHF, ). FX Rates The event that investors have been waiting for and the media frequently linked to whatever price action has taken place has arrived: Yellen and Draghi’s speeches later today. Yellen is first. She will speak at 10:00 am ET. This is toward the end of the European trading week. Draghi...

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FX Daily, August 23: Consolidation in Capital Markets Conceals Coming Turbulence

Swiss Franc The Euro has risen by 0.04% to 1.1389 CHF. EUR/CHF and USD/CHF, August 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A mixed US dollar will greet the North American participants today. It is softer against the euro and yen, but firmer against the dollar-bloc currencies. Among the emerging market currencies, the eastern and central European currencies are...

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FX Daily, August 22: Turn Around Tuesday Sees Firmer Dollar, Rates, and Equities

Swiss Franc The Euro has risen by 0.11% to 1.1375 CHF. EUR/CHF and USD/CHF, August 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has recouped most of yesterday’s declines. However, as we have seen over the past couple of sessions, he North American market appears more dollar negative than Europe or Asia. The dollar’s rise through the European morning has...

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FX Daily, August 21: Dollar Edges Higher, While Equities Trade Heavily to Start the New Week

Swiss Franc The Euro has risen by 0.03% to 1.1352 CHF. EUR/CHF and USD/CHF, August 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly firmer against most of the major and emerging market currencies. The main impetus appears to be some position adjustment emanating from equities. The equity markets turned south in the second half of last week and...

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Weekly Speculative Positions (as of August 15): Speculators Add to Sterling and Peso Shorts, While Cutting Euro and Canadian Dollar Longs

Swiss Franc Speculators were net short CHF in January 2015, shortly before the end of the peg, with 26.4K contracts. Then again in December 2015, when they expected a Fed rate hike, with 25.5K contracts. The biggest short CHF, however, happened in June 2007, when speculators were net short 80K contracts. Shortly after, the U.S. subprime crisis started. The carry trade against CHF collapsed. The...

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FX Weekly Review, August 14 – August 19: CHF Recovers after Dovish Draghi Comments

Overview The euro has lost some momentum versus the franc, the main reason is as usual monetary policy: Draghi does not want to talk about an early end of his bond buying programming at Jackson Hole. This had been confirmed by economic data: only 1.2% core inflation compared to a long-term inflation target of 2%. Consequently the Swissie appreciated during the week. Eurozone Core Consumer Price Index (CPI) YoY, Jul...

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FX Daily, August 18: Dollar and Equities Trade Heavily Ahead of the Weekend

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...

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FX Daily, August 16: Swiss Franc and Yen Remain Heavy as New Distractions Replace DPRK

Swiss Franc The Euro has fallen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ). FX Rates The Japanese yen and Swiss franc remain heavy as the markets continueto shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and reports suggesting that ECB’s Draghi will not be discussing the central bank’s...

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FX Daily, August 16: Swiss Franc and Yen Improve after Dovish Draghi Comments

Swiss Franc The Euro has fallen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Japanese yen and Swiss franc remain heavy as the markets continueto shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and reports suggesting that ECB’s Draghi...

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