Swiss Franc EUR/CHF - Euro Swiss Franc, January 05(see more posts on EUR/CHF, ) - Click to enlarge The Swiss Franc has limited data releases to note for the upcoming weeks therefore I expect news from the Brexit story and UK economic data to influence exchange rates this month. At present we are awaiting the decision from the Supreme Court in regards to if UK Prime Minister Theresa May needs to seek Government...
Read More »FX Daily, January 04: Consolidation in Capital Markets
Swiss Franc EUR/CHF - Euro Swiss Franc, January 04(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have jumped during the first official day of trading in 2017, with the pair hitting 1.2657 at today’s high. The Pound gained support this morning following positive UK Manufacturing data, which came in well above market expectation. This increased market confidence in the UK economy and the Pound has...
Read More »FX Daily, January 03: Dollar-Bloc and Sterling Advance, while Euro and Yen Slip
Swiss Franc Switzerland SVME PMI, December 2016(see more posts on Switzerland SVME PMI, ) Source: Investing.com - Click to enlarge FX Rates The US dollar is mixed. After a soft start in Asia, where Tokyo markets were closed, the dollar recovered smartly against the euro and yen. The dollar-bloc and sterling are firmer. Sterling’s earlier losses were recouped following news that the manufacturing PMI jumped to...
Read More »FX Daily, December 30: Dollar Slips into Year End
Swiss Franc EUR/CHF - Euro Swiss Franc, December 30(see more posts on EUR/CHF, ) The EUR/CHF remained close the SNB intervention point of 1.07. - Click to enlarge FX Rates In exceptionally thin conditions that characterize the year-end markets, a reportedly computer-generated order lifted the euro from about $1.05 to a little more than $1.0650 in a few minutes early in the Asian sessions. Before European markets...
Read More »FX Daily, December 29: Dollar, Equities and Yields Fall
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...
Read More »FX Daily, December 28: Short Note for Holiday Markets
Swiss Franc EUR/CHF - Euro Swiss Franc, December 28(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Equities: Good day in Asia, where the MSCI Asia-Pacific Index rose 0.3% to snap a six-day slide. Of note the Hang Seng re-opening from a long holiday weekend rose (0.8%) from a five-month low. Chinese shares that trade in HK also did well, rising 1.5%. Indonesia, which broke a nine-day slide yesterday,...
Read More »FX Daily, December 27: Markets Becalmed in Wait-and-See Mode
Swiss Franc EUR/CHF - Euro Swiss Franc, December 27(see more posts on EUR/CHF, ). FX Rates As skeleton teams return to the trading desks in New York, the US dollar is largely where they left it at the end last week. Japanese markets were open yesterday, while UK, Australia, New Zealand, Hong Kong and Canadian markets are still closed today. The Australian and New Zealand dollars are up about 0.2% from before the...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines
Swiss Franc EUR/CHF - Euro Swiss Franc, December 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due...
Read More »FX Daily, December 20: Yen Surrenders Yesterday’s Gains, while Euro Struggles to Hold above $1.04
Swiss Franc EURCHF - Euro Swiss Franc, December 20(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The yen’s incredible ride this year has been recapitulated in recent days. Consider that before last weekend; the US dollar reached a little above JPY118.40. At its extreme yesterday, the dollar fell to JPY116.55. Today it reached traded near JPY118.25 in the European morning, where...
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