Tag Archives: Eurozone M3 Money Supply

Swiss Franc The Euro has risen by 0.20% to 1.0647 EUR/CHF and USD/CHF, February 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A new phase of the Covid-19 is at hand. Yesterday was the first time that the number of new cases in the world surpassed the number of new cases China acknowledged.  This confirms what we have known, namely that the battle for containing it in China has been lost. However, it...

Swiss Franc The Euro has risen by 0.04% to 1.1613 CHF. EUR/CHF and USD/CHF, July 25(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trapped in narrow trading ranges. That itself is news. At the end of last week ago, the US President seemed to have opened another front in his campaign to re-orient US relationships by appearing to talk the dollar down....

Swiss Franc The Euro has fallen by 0.07% to 1.1755 CHF. EUR/CHF and USD/CHF, March 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates We argued that the talk of trade war was exaggerated. The confrontation, strong demands and a climb down is the Art of the Deal, and is part of the way the Trump Administration negotiates. We see striking parallels between the policymakers...

Swiss Franc The Euro has risen by 0.10% to 1.1687 CHF. EUR/CHF and USD/CHF, November 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is consolidating its recent losses with a small upside bias. What promises to be an eventful week has begun with the Bank of England stress test and the publication of the Fed’s Powell prepared remarks for his confirmation...

Swiss Franc The Euro has fallen by 0.27% to 1.1656 CHF. EUR/CHF and USD/CHF, October 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates It is all about the ECB meeting today. The market was hoping for more details last month, but Draghi pointed to today. The broad issue is well known. While growth has been strong, price pressures are still not, according to the ECB, on a...

Swiss Franc The Euro has risen by 0.82% to 1.1244 CHF. EUR/CHF and USD/CHF, July 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is narrowly mixed after selling off following the FOMC statement. Sometimes the narrative explains the price action, and sometimes the price action explains the narrative. This seems to be the case of the latter. The dollar and...

Summary: No impact from the latest North Korean missile test. Polls suggest Tories still ahead for the June 8 election. Prospects of an Italian election this year weighed on Italian stocks and bonds. The markets of the world’s two largest economies, the US and China were closed on Monday, May 29.    As one would expect, capital markets were mostly quiet. Even the launch of another ballistic missile test by...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 27(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The late recovery in US equities before the weekend did little good for Asian markets. Nearly all the Asian equity markets moved lower, led by the 1.0% decline in Japan’s Topix.  It was the third successive loss for the Topix, which is the long losing streak of the year so far. The MSCI Asia Pacific Index...

Swiss Franc EUR/CHF - Euro Swiss Franc , January 27(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Sterling Swiss Franc Exchange Rate Update Sterling vs the Swiss Franc has been going in an upwards direction this week after the Brexit verdict released on Tuesday morning. Initially this caused the Pound to fall vs the Swiss Franc but since then Sterling has continued to go upwards. Later today UK Prime...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 29(see more posts on EUR/CHF, ) - Click to enlarge FX Rates In thin holiday markets, a correction to the trends seen in Q4 has materialized. The US dollar is heavy.  Japanese and European equities are lower.  Bonds are firmer. Some reports try to link the moves to the unexpected weakness in the US pending home sales, but this is a stretch and merely seeks to...