Tag Archives: GBP

Swiss Franc The Euro has risen by 0.08% to 1.1415 CHF. EUR/CHF and USD/CHF, August 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s pre-weekend losses were extended initially in Asia before it recovered sufficiently to give European participant a better selling level. The dollar selling into the shallow bounce reflects the bearish sentiment, which as we...

Swiss Franc The Euro has fallen by 0.24% to 1.1366 CHF. EUR/CHF and USD/CHF, August 24(see more posts on #USD, $CHF, EUR/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a firmer tone in quiet. Sterling is stabilizing after grinding down to its lowest level since late June. The Mexican peso, which had dropped in thin trading in Asia and Europe yesterday following Trump’s threat...

Swiss Franc The Euro has risen by 0.04% to 1.1389 CHF. EUR/CHF and USD/CHF, August 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A mixed US dollar will greet the North American participants today. It is softer against the euro and yen, but firmer against the dollar-bloc currencies. Among the emerging market currencies, the eastern and central European currencies are...

Swiss Franc The Euro has risen by 0.11% to 1.1375 CHF. EUR/CHF and USD/CHF, August 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has recouped most of yesterday’s declines. However, as we have seen over the past couple of sessions, he North American market appears more dollar negative than Europe or Asia. The dollar’s rise through the European morning has...

Swiss Franc The Euro has risen by 0.03% to 1.1352 CHF. EUR/CHF and USD/CHF, August 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly firmer against most of the major and emerging market currencies. The main impetus appears to be some position adjustment emanating from equities. The equity markets turned south in the second half of last week and...

​ Swiss Franc The Euro has fallen by 0.47% to 1.1306 CHF. EUR/CHF and USD/CHF, August 17(see more posts on EUR/CHF, USD/CHF, ). FX Rates The US dollar had steadied after softening in the North American afternoon yesterday when the dissolution of President Trump’s business councils as a series of executives stepped down. The FOMC minutes added more fuel to the move. The market responded to the minutes by selling the...

Swiss Franc The Euro has fallen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ). FX Rates The Japanese yen and Swiss franc remain heavy as the markets continueto shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and reports suggesting that ECB’s Draghi will not be discussing the central bank’s...

Swiss Franc The Euro has fallen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Japanese yen and Swiss franc remain heavy as the markets continueto shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and reports suggesting that ECB’s Draghi...

Swiss Franc The Euro has fallen by 0.43% to 1.1397 CHF. EUR/CHF and USD/CHF, August 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates NY Fed President Dudley appears to have stolen any potential thunder in the July FOMC minutes that will be released tomorrow. While we put more emphasis on today’s US retail sales data and the August Fed surveys, many others argued that the...

Summary: Economic data due out are unlikely to change macro views. Swiss franc’s price action suggests some return to “normalcy” despite rhetoric remaining elevated. Sterling’s 3.25 cent drop against the dollar looks over.   An escalation of threatening rhetoric by the United States and North Korea emerged as the key driver last week. The US was unable to build on the success it enjoyed at the UN on August 5...