Tag Archives: FX Daily

 Swiss Franc EUR/CHF - Euro Swiss Franc, May 04(see more posts on EUR/CHF, ) - Click to enlarge  FX Rates The US dollar is struggling to maintain even modest upticks against the euro and sterling despite the recognition of the increased likelihood of a June Fed hike.    Bloomberg sees current pricing in the Fed funds as making a hike in June a near certainty (97.5%), while the CME and our own calculation...

Swiss Franc EUR/CHF - Euro Swiss Franc, May 03(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The global capital markets are relatively calm.  Japan, South Korea, and Hong Kong markets are closed for national holidays.  Investors await the FOMC statement, though expectations could not be much lower. The disappointing US auto sales, and poor Apple sales figures reported yesterday have had little impact...

Swiss Franc EUR/CHF - Euro Swiss Franc, May 02(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is sporting a softer profile against most of the major and emerging market currencies.  The Japanese yen is the main exception.  The greenback is rising against the yen for the fourth session and the sixth of the past seven.  The dollar’s gains against the yen coincide with the 10-12 bp recovery...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 28(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate could hit 1.30 very soon as the market gets closer to this important level of resistance that could easily break through in the coming weeks. The overall expectations for the pound to strengthen on the back of a strong UK election for the Conservatives remain, the Franc should...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 27(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The ECB meeting and the press conference that follows it is the main event.  However, it has had to compete with the Bank of Japan and Riksbank meetings, as well as the further reflection of the tax reform proposals by the Trump Administration yesterday.  Also, after a misdirection over pulling out of...

Swiss Franc EURCHF - Euro Swiss Franc, April 26(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Last week Theresa May called a snap General election due to take place on 8th June. Historically a snap election has caused the currency in question to weaken, however on this occasion Sterling strengthened. It was a shrewd move by May to call an election while the competition is so weak. A conservative...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 25(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF We have seen small gains made by the Euro against the Swiss Franc since the result of the first round of the Presidential elections in France, and indeed the Swiss Franc has generally weakened against most major currencies over the course of this week. The SNB (Swiss National Bank) have recently commented...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 20(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates With the exception of the yen, the US dollar is lower against all the major currencies. US Treasury yields are firm, extending yesterday’s rise a little. This may help keep the dollar straddling JPY109, but unwinding long yen cross positions is helping underpin the other major...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 14(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The holiday-induced calm in the capital markets conceals a high degree of anxiety. The investment climate has been challenged by heightened geopolitical risk and unusual complaints about the US dollar’s strength from the sitting US President. While sending an “armada” toward the Korean...

Swiss Franc EUR/CHF - Euro Swiss Franc March 03(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge GBP/CHF Prime Minister Theresa May is still committed to triggering Article 50 before the end of the month in spite of what happened this week with the House of Lords’ decision to challenge the Brexit bill. The House of Lords are primarily concerned with keeping the rights of EU citizens living...