Tag Archives: GBP

Swiss Franc EUR/CHF - Euro Swiss Franc, May 09(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The election of Macron as French President has set off a bout of position adjustment that has seen the euro push back into the $1.0850-$1.0950 range that had confined activity for the two weeks between the first and second rounds of the French presidential election. The euro fell a cent yesterday after...

Swiss Franc EUR/CHF - Euro Swiss Franc, May 08(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The US Dollar Index initially fell to its lowest level since mid-November to 98.50. It rebounded but stalled in front of the pre-weekend high near 99.00. This area must be overcome to lift the tone. Sterling stretched to a marginal high but faded in front of $1.30. Initial support is seen...

Summary: US retail sales and CPI should help bolster confidence that the Fed was right about the transitory nature of Q1 slowdown. Bank of England meets; Forbes will likely continue with her dissent, but likely failed to convince her other colleagues of the merit of an immediate rate hike. French politics are center stage, but German state election and South Korea’s national election are also important....

 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 Switzerland Retail Sales YoY, March 2017(see more posts on Switzerland Retail Sales, ) Source: Investing.com - Click to enlarge FX Rates Many financial centers are closed for May. Japanese markets were open today, but will be closed for three sessions beginning Wednesday for the Golden Week celebrations. The US dollar is narrowly mixed. The yen is the weakest of the majors, off about 0.3% as the...

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 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...

Summary: Provided Le Pen and Macron or Fillion make to the second round, the market response to the French election results may be short lived. BOJ, Riksbank and ECB meetings. Spending authorization and some announcement from the White House on tax policy are in focus as Trump’s 100th day in office approaches. The results of the French presidential election will be known prior to the open of the Asian...