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Tag Archives: Eurozone Current Account

FX Daily, May 20: Fed Funds Futures No Longer Imply Negative Rates

Swiss Franc The Euro has fallen by 0.13% to 1.0592 EUR/CHF and USD/CHF, May 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Another late sell-off of US equities, ostensibly on questions over Moderna’s progress on a vaccine, failed to deter equity gains in the Asia Pacific region. China was a notable exception, but the MSCI Asia Pacific Index rose for the fourth consecutive session. European shares are little...

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FX Daily, November 19: Hong Kong Stocks Rally as Stand-Off Continues

Swiss Franc The Euro has risen by 0.25% to 1.0981 EUR/CHF and USD/CHF, November 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The run-up in equities continues to be the dominant development in the capital markets. Although the Japanese and South Korean bourses fell, the rise in Australia, China, Hong Kong, and Taiwan underpin the MSCI Asia Pacific Index. The Hang Seng’s gains (1.5% on top of yesterday’s...

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FX Daily, March 22: Dollar Trades Off

Swiss Franc The Euro has fallen by 0.37% to 1.167 CHF. EUR/CHF and USD/CHF, March 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has not recovered from the judgment that yesterday’s that Fed was not as hawkish as many had anticipated. There was no indication that officials thought they were behind the curve or prepared to accelerate the pace of hikes....

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FX Daily, January 19: Dollar Crushed as Government Shutdown Looms

Swiss Franc The Euro has risen by 0.23% to 1.1759 CHF. EUR/CHF and USD/CHF, January 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is broadly lower as the momentum feeds on itself. Asia is leading the way. The Japanese yen, Taiwanese dollar, Malaysian Ringgit, and South Korean won are all around 0.45% higher. Asian shares also managed to shrug off the...

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FX Daily, November 17: Euro, Yen and Sterling Regain Footing

Swiss Franc The Euro has fallen by 0.09% to 1.1686 CHF. EUR/CHF and USD/CHF, November 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading with a heavier bias against the euro, sterling, and yen, but is firmer against the Antipodean currencies and many of the actively traded emerging market currencies. This mixed performance is the story of the...

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FX Daily, October 20:Tax Prospects Lift Rates and Dollar Ahead of Weekend

Swiss Franc The Euro has fallen by 0.19% to 1.1589 CHF. EUR/CHF and USD/CHF, October 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US Senate approved a budget resolution that is a necessary step toward using a parliamentary maneuver that prevents the Democrats to block tax reform by filibuster. This has helped spur dollar gains against all the major currencies...

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FX Daily, September 19: Quiet Tuesday, Follow the Leader

Swiss Franc The Euro has risen by 0.36% to 1.153 CHF. EUR/CHF and USD/CHF, September 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Politics seems to dominate the talking points today. Boris Johnson’s weekend op-ed has been rejected by May, and there is talk that Johnson may resign or fired. Sterling is consolidating after pulling back yesterday. Carney said that if the...

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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, July 20: ECB Game Day

Swiss Franc The euro has appreciated by 0.47% to 1.1051 CHF. EUR/CHF and USD/CHF, July 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a firmer tone against the major currencies today. It does not appear to be simply position adjustments ahead of the ECB meeting. Consider that Australia reported strong employment data, and after making new highs,...

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FX Daily, April 21: Markets Enter Consolidative Mode Ahead of Weekend

Swiss Franc EUR/CHF - Euro Swiss Franc, April 21(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Neither the terrorist attack in Paris nor the strong eurozone flash PMI has managed to shake investors. Judging from the social media, many suspect that the terrorist attack plays into Le Pen’s hands, but investors do not seem particularly concerned. The French interest rate premium over Germany has...

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