Tag Archives: Euro

Pivotal elections are coming up in Europe. Their outcomes will have an impact on the economy and financial markets. Europe's political calendar may prove to be explosive. Germany, the Netherlands, and France will soon be holding elections. They have the potential to disrupt the political landscape...

Swiss Franc Currency Index The Swiss Franc Index has lost 1% over the course of the last month, while the dollar index improved by 2%. Trade-weighted index Swiss Franc, January 07(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 currency basket)On a three years...

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies– Gold surges 31.5% in British pounds after Brexit shock– Gold acted as hedge and safe haven in 2016 … for those who need safe haven– Furthers signs of market having bottomed and bodes well for 2017 – What drivers will gold respond to in 2017? –  EU elections and contagion risk, Geo-politics, terrorism, war...

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies– Gold surges 31.5% in British pounds after Brexit shock– Gold acted as hedge and safe haven in 2016 … for those who need safe haven– Furthers signs of market having bottomed and bodes well for 2017 – What drivers will gold respond to in 2017? –  EU elections and contagion risk, Geo-politics, terrorism, war...

As tumultuous as last year was from a global political perspective on the back of a rocky start market-wise, 2017 will be much more so. The central bank subsidization of the financial system (especially in the US and Europe) that began with the Fed invoking zero interest rate policy in 2008, gave way to international distrust of the enabling status quo that unfolded in different ways across the planet. My prognosis is...

While most of the world is enjoying it last day off from the 2017 holiday transition, with Asia’s major markets closed for the New Year holiday, along with Britain and Switzerland in Europe and the US and Canada across the Atlantic, European stocks climbed to their highest levels in over a year on Monday after the Markit PMI survey showed manufacturing production in the Eurozone rose to the highest level since April...

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...

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,...

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...

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...