Tag Archives: FX Trends

Swiss Franc The Euro has risen by 0.18% to 1.1673 CHF. EUR/CHF and USD/CHF, December 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates US interest rates have recovered the drop seen after the FOMC yesterday, but the dollar at best has been able to consolidate its losses and at worst, seen its losses extended. The Fed boosted its growth forecasts and lower unemployment...

Swiss Franc The Euro has fallen by 0.06% to 1.1633 CHF. EUR/CHF and USD/CHF, December 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP / CHF Since the end of August the pound has been making inroads against the Swiss Franc and recovering from the dramatic drop in exchange rates since the Brexit vote over 18 months ago. GBPCHF has gained 8 cents in 4 months. To put this into...

Swiss Franc The Euro has fallen by 0.15% to 1.1651 CHF. EUR/CHF and USD/CHF, December 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Trends The US dollar is trading with a lower bias against most of the major and emerging market currencies. The upside surprise in Sweden’s inflation is helped the krona recover from its recent slide. It is the strongest of the majors, gaining...

USD/CHF The USDCHF pair begins to bounce higher after approaching from 0.9892 level, supported by the EMA50 that meets the mentioned level, while stochastic shows clear bullish trend signals on the four hours time frame. Therefore, these factors encourage us to keep our positive expectations in the upcoming period, waiting for visiting 1.0038 level as a next main station, being aware that breaking 0.9892 will stop...

Swiss Franc The Euro has risen by 0.09% to 1.1691 CHF. EUR/CHF and USD/CHF, December 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is narrowly mixed in relatively quiet activity. Year-end adjustment is well underway, and the news stream is light to start the week that sees more than a dozen central bank meetings. There is little doubt in the market...

No fewer than thirteen central banks meet in the week ahead.  The UK and the US report the latest inflation figures, and the US and eurozone report industrial production. The eurozone sees the flash PMI for December, and the Japan’s latest Tankan business survey will be released. Most of the central banks that meet will not be changing policy.  Of the major central banks, the Bank of England, which hiked rates last...

Swiss Franc The Euro has fallen by 0.21% to 1.1679 CHF. EUR/CHF and USD/CHF, December 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Sufficient progress will be judged to have been made, and negotiations of the separation between the UK and EU will be allowed to enter the second stage. The formal decision will be made at next week’s EU summit. To be sure, “sufficient...

Swiss Franc The Euro has risen by 0.17% to 1.1693 CHF. EUR/CHF and USD/CHF, December 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equities are stabilizing today after the recent downside pressure. The MSCI Asia Pacific Index snapped an eight-day slump with a 0.4% gain, led by a rebound in Tokyo and India. European markets are firm, with the Dow Jones Stoxx...

Summary: Euro is lower for the third day, the longest downdraft in a month and a half. It violated the November uptrend. It is testing the $1.1800 area, which houses a few technical levels (retracement, moving average and congestion). The euro is losing ground for a third consecutive session.  It is the longest losing streak since the middle of October.   The Great Graphic here, created on Bloomberg, depicts...

Swiss Franc The Euro has fallen by -0.03% to 1.167 CHF. EUR/CHF and USD/CHF, December 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The swoon in equities, perhaps sparked by a rotation spurred by potential US tax changes, is continuing today. It is providing a risk-off mood, which is expressed in the foreign exchange market as a stronger yen. The most compelling...