Swiss Franc Currency Index With last Friday’s break-down of the dollar, the Swiss Franc index could recover a bit. Its loss over December is now 1%. But the dollar index had a gain of 2%. Trade-weighted index Swiss Franc, December 30(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency...
Read More »FX Weekly Review, December 19 – December 23: Assessment of the Dollar’s Technical Condition
While few will be trading in the week between Christmas and New Years, we thought it might be helpful to review the dollar’s technical condition. We make two overall points. First, although the dollar’s rally strengthened and extended after the November US election, this leg up of the dollar’s longer-term rally began at the end of Q3. The anticipation of new policies by the Trump Administration, part of the story,...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »FX Daily, December 20: Yen Surrenders Yesterday’s Gains, while Euro Struggles to Hold above $1.04
Swiss Franc EURCHF - Euro Swiss Franc, December 20(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The yen’s incredible ride this year has been recapitulated in recent days. Consider that before last weekend; the US dollar reached a little above JPY118.40. At its extreme yesterday, the dollar fell to JPY116.55. Today it reached traded near JPY118.25 in the European morning, where...
Read More »FX Weekly Review, December 12 – December 16: Fed Lifts Dollar, but Consolidation may be on Tap
Swiss Franc Currency Index The Swiss Franc index reduced its losses to 2 percent in the last month, while the dollar index is still 2.5 percent up. Trade-weighted index Swiss Franc, December 16(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge The chart shows the massive advance of the dollar index in the last three years, while the Swiss Franc index lagged. Swiss Franc Currency Index (3...
Read More »FX Daily, December 16: Markets Turn Quiet Ahead of the Weekend, Dollar Consolidates Gains
Swiss Franc EUR/CHF - Euro Swiss Franc, December 16(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Some mild position squaring pressures are evident ahead of the weekend, and for many market participants the year is coming to an end. Outside of the BOJ meeting next week, the calendar turns light and markets are moving into holiday mode. The Dollar Index is seeing this week’s gains trimmed, but it is...
Read More »FX Daily, December 14: Markets Quietly Edge into FOMC Meeting
Swiss Franc EUR/CHF - Euro Swiss Franc, December 14(see more posts on EUR/CHF, ) - Click to enlarge The Pound is entering mid-December in the same fashion it begun the month after having a very strong November as well. After being buoyed by Donald Trump’s victory and the High Courts ruling that parliamentary approval is needed before invoking Article 50, the Pound has been boosted further after economic data...
Read More »FX Daily, December 14: Markets Quietly Edge into FOMC Meeting
Swiss Franc EUR/CHF - Euro Swiss Franc, December 14(see more posts on EUR/CHF, ) - Click to enlarge The Pound is entering mid-December in the same fashion it begun the month after having a very strong November as well. After being buoyed by Donald Trump’s victory and the High Courts ruling that parliamentary approval is needed before invoking Article 50, the Pound has been boosted further after economic data...
Read More »FX Weekly Review, December 05 – December 09: Dollar Bulls Running Out of Time to See Parity vs Euro in 2016
Swiss Franc Currency Index The Swiss Franc index remained in a losing position compared to the dollar index. However since November 25, it has remained stable. Given that the ECB extended the QE period, the EUR/CHF has fallen to 1.0730 again. Trade-weighted index Swiss Franc, December 09(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss...
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