Tag Archives: FX Trends

The weekly speculative position shows increasing short positions on the euro and on the Swiss Franc. On the other side, both currencies have appreciated, what they should not do if net short positions increase. Therefore there is a different phenomenon.  Real money, .e.g in the form of cash, bonds, stocks or real estate that is invested in the euro area or in Switzerland. For Switzerland, we will see this in the...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: The UK High Court defends Parliament’s right to vote before Article 50 is triggered. The decision will be appealed. Sterling approached an important resistance as it extended its rally for the fifth session. The UK High Court ruled that Parliament has the...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc With the not convincing U.S. jobs number, both the EUR and, in particular, the Swiss Franc could improve. With continuing political uncertainty in the U.S., more speculators closed their short CHF positions. Moreover, I expect significant...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Sterling’s recovery began before today and went through technical levels that accelerated the advance. The interest rate market did not change sufficiently to indicate a change in policy expectations. The High Court decision will be appealed. Sterling...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: US jobs data was largely in line or better than expected. The stronger earnings growth may be more important than the headline. Canada’s data was mostly disappointing. The US October jobs report as a whole was in line with expectations, and suggests a...

Comment on GBP and CHF by Matt Vassallo My articles About meMy booksFollow on: Swiss Franc EUR/CHF - Euro Swiss Franc, November 03(see more posts on EUR/CHF, ). - Click to enlarge GBP/CHF rates are trading below 1.20 on the exchange, providing those clients holding CHF with some of the best rates they’ve seen in the past six years. The Pounds woes have been well documented but with a key day of economic...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Bond yields have been rising in the US and Europe since the summer. There are some country-specific considerations and some generalized factors. Anxiety over US politics has helped bonds recover some lost ground. One of the most significant market...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Bond yields have been rising in the US and Europe since the summer. There are some country-specific considerations and some generalized factors. Anxiety over US politics has helped bonds recover some lost ground. One of the most significant market...

Comment on GBP and CHF by Jonathan Watson My articles My siteAbout meMy booksFollow on:TwitterLinkedIN Swiss Franc The Swiss Franc is a safe haven currency and benefits in time of uncertainty. With Donald Trump now looking much more likely to win the Election the Swissie has found favour. If you are buying the Franc with sterling in the future the combination of global uncertainty and a weak pound looks set...

Long before the UK referendum, many argued that monetary union was undermining the European Union. Many had expected Greece to be forced out not once but twice. There is a cottage industry of books forecasting the demise of EMU. Johan Van Overtveldt, the former Finance Minister of Belgium, penned “End of the Euro” in 2011 and its captures the spirit of the genre. Jen Nordvig, a currency strategist, authored “The Fall...