Swiss Franc Currency Index Trade-weighted index Swiss Franc, April 29(see more posts on Swiss Franc Index, ) Source: markets.fx.xom - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket)On a three years interval, the Swiss Franc had a weak performance. The dollar index was far stronger. The dollar makes up 33% of the...
Read More »FX Weekly Review, April 17 – 22: Dollar Technicals Trying to Turn, but…
Swiss Franc Currency Index While the dollar index had another bad week with a 0.75% less, the Swiss Franc currency index could accumulate the corresponding gains. Main reason is that the EUR/CHF rose over 1.07. The euro is still the main component of the Swiss Franc index, but the dollar is recovering thanks to rising pharmacy exports to the U.S. Trade-weighted index Swiss Franc, April 22(see more posts on Swiss...
Read More »FX Weekly Review, April 10-14: Swiss Franc loses against the Yen, but wins against Dollar
Swiss Franc Currency Index Last week the Swiss Franc improved against both euro and dollar, but – compared to its safe-haven counterpart Japanese Yen – it had a bad performance. We expect strong SNB interventions, that reflect the demand for CHF safe-haven. Trade-weighted index Swiss Franc, April 14(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3...
Read More »The Global Burden
Bundesrepublik Deutscheland Finanzagentur GmbH (German Finance Agency) was created on September 19, 2000, in order to manage the German government’s short run liquidity needs. GFA took over the task after three separate agencies (Federal Ministry of Finance, Federal Securities Administration, and Deutsche Bundesbank) had previously shared responsibility for it. On September 17, 2014, almost exactly fourteen years...
Read More »FX Weekly Review, April 03-08: Dollar Recovery Can Continue, 10-year Yield Set to Rise
Swiss Franc Currency Index In the last week, the Swiss Franc index lost a little territory as compared to the dollar index. Finally it ended, where it started one month ago. Trade-weighted index Swiss Franc, April 08(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the...
Read More »Ultra-Loose Terminology, Not Policy
As world “leaders” gathered in Davos in January 2016, they did so among financial turmoil that was creating more economic havoc than at any time since the Great “Recession.” Having seen especially US QE as the equivalent of money printing, their focus was drawn elsewhere to at least attempt an explanation for the contradiction. They initially settled on the Fed’s rate hike, where terminating “ultra-loose” policies was...
Read More »Euro Saves Germany, Slaughters the PIGS, & Feeds the BLICS
Authored by Chris Hamilton via Econimica, The change in nations Core populations (25-54yr/olds) have driven economic activity for the later half of the 20th century, first upward and now downward. The Core is the working population, the family forming population, the child bearing population, the first home buying, and the credit happy primary consumer. Even a small increase (or contraction) in their quantity drives...
Read More »FX Weekly Review, March 27 – 31: Euro breaks down against USD and CHF
Swiss Franc Currency Index Weak inflation figures in the euro zone let the common currency fall against both the dollar and the Swiss franc. Still last week, the Swiss Franc index had some losses against the US dollar index. Trade-weighted index Swiss Franc, April 01(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is...
Read More »FX Weekly Review, March 27 – 30: Euro breaks down against USD and CHF
Swiss Franc Currency Index Weak inflation figures in the euro zone let the common currency fall against both the dollar and the Swiss franc. Still last week, the Swiss Franc index had some losses against the US dollar index. Trade-weighted index Swiss Franc, April 01(see more posts on Swiss Franc Index, ) Source: markets.ft.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is...
Read More »Blocher and the People That Ruined the EU
Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the European leaders sat down for lunch at the Quirinal Palace, some of them had a little too...
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