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Tag Archives: Eurozone Current Account

FX Daily, February 17: Greenback Stabilizes Ahead of the Weekend

Swiss Franc EUR/CHF - Euro Swiss Franc, February 17(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a steady to firmer note against the major currencies but the Japanese yen. The softer yields and weaker equity markets often are associated with a stronger yen. For the week as a whole, the dollar is mostly lower, though net-net it has held its own against sterling,...

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FX Daily, November 18: Revaluation of the Dollar Continues

Swiss Franc EUR/CHF - Euro Swiss Franc, November 18(see more posts on EUR/CHF, ). - Click to enlarge FX Rates Since the US election, the dollar has been on a tear. Pullbacks have been brief and shallow. There are powerful trends in place. The euro has fallen nearly five percent over the past ten sessions, during which it is not closed higher once. The dollar rose four days this week against the yen and four days...

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FX Daily, October 20: ECB Unlikely to Shake Dollar’s Slumber

Swiss Franc EUR/CHF - Euro Swiss Franc, October 20 2016(see more posts on EUR/CHF, ). - Click to enlarge GBP/CHF rates have fallen dramatically over the past month, as Sterling continues to find itself under pressure against the major currencies. However, despite these losses it is not all doom and gloom for those clients holding GBP, as Tuesday’s positive spike for the Pound proved. Currency does not move in a...

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FX Daily, August 18: US Dollar Pushed Lower, but Do FOMC Minutes Really Trump Dudley?

Swiss Franc A bad day for the dollar means a good day for CHF, that appreciates against both euro and dollar. Click to enlarge. FX Rates It is not a good day for the US dollar. It is being sold across the board. The seemingly dovish FOMC minutes released late yesterday appears to have gotten the ball rolling. The takeaway for many was that any officials wanted more time to assess the data at the July meeting. The...

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