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Tag Archives: Eurozone M3 Money Supply

FX Daily, November 28: Corrective Forces Seen in Asia, Subside in Europe

Swiss Franc EUR/CHF - Euro Swiss Franc, November 28(see more posts on EUR/CHF, ). - Click to enlarge FX Rates As soon as markets opened in Asia, the greenback was sold, and corrective forces that had been nipping below the surface took hold. The euro, which had finished last week below $1.0590, rallied nearly a cent. Before the weekend, the greenback had pushed to almost JPY114, an eight-month high,  before...

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FX Daily, October 27: Rising Yields Continue to be the Main Driver

Swiss Franc EUR/CHF - Euro Swiss Franc, October 27(see more posts on EUR/CHF, ). - Click to enlarge GBP/CHF rates have levelled out over the past couple of weeks following some heavy losses earlier this month. The Pound crashed following UK Prime Minister Theresa May’s comments regarding the triggering of Article 50 early next year. Whilst we knew this was coming the timeline was shrouded in uncertainty and the...

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FX Daily, July 27: Yen Falls on Fiscal Stimulus, while Sterling and Aussie Can’t Sustain Upticks

Swiss Franc The Euro kept on climbing, after yesterday’s rapid rise. Click to enlarge. The Swiss consumption indicator by UBS shows improvements.  The indicator is still distant from the highs in 2012. At the time stronger growth in Emerging Markets and the weaker franc helped the Swiss economy. Switzerland UBS Consumption Indicator Japan As uncertainty over Japan’s fiscal stimulus roiled the yen and domestic...

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