Tag Archives: GBP

Summary: Numerous events converge in the middle of March. We still lean toward a May hike rate than March. Wilders may garner a plurality of the vote in the Netherlands, but is unlikely to form a government for want of coalition partners. How will the Republican US Congress and President deal with the debt ceiling? T.S. Eliot tells us that April is the cruelest month. A great poet he was, but a trader he was...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 27(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The late recovery in US equities before the weekend did little good for Asian markets. Nearly all the Asian equity markets moved lower, led by the 1.0% decline in Japan’s Topix.  It was the third successive loss for the Topix, which is the long losing streak of the year so far. The MSCI Asia Pacific Index...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 24(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a mixed note in choppy activity in narrow ranges. It is an apt way to finish this week, which has been largely directionless as investors wait for fresh incentives, and are especially looking toward Trump’s speech to a joint session of Congress next week. It is...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 23(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a free run towards the triggering of Article 50 due to take place during March. This helped the Pound to hit its best rate to buy Swiss Francs in 2017 creating some...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 22(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound has made good gains against the Swiss Franc this morning with rates for GBP CHF now sitting at 1.2650 for this pair. The pound seems to have found support as the Brexit bill is still expected to pass through the House of Lords next week when the bill comes under additional scrutiny. There is a...

Swiss Franc Switzerland Trade Balance, Jan 2017(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has been in the main driven by sterling weakness which is weighing on the performance of the pound which has been in the main negative but we have lately seen the pound higher. This is mainly due to some clarity over the Brexit and just what...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 20(see more posts on EUR/CHF, ) - Click to enlarge FX Rates US markets are closed for the Presidents’ Day holiday, but it hasn’t prevented its pre-weekend gains giving a bullish tone to global equities.  The S&P 500 and NASDAQ recovered from early weakness to close at new record levels before the weekend. Global equity markets are following suit today. The...

Summary: The system of checks and balances is working. Populism-nationalism is not sweeping across the world. Even in US and UK, populist agenda was appropriated by the main-center right party. The attack on the body politics is activating the immune system in ways that the consensus narrative does not recognize. The high level of anxiety among investors is masked by the rise of equities. As political issues...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 17(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a steady to firmer note against the major currencies but the Japanese yen. The softer yields and weaker equity markets often are associated with a stronger yen. For the week as a whole, the dollar is mostly lower, though net-net it has held its own against sterling,...

Swiss Franc EUR/CHF - Euro Swiss Franc, February 16(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF At the time of  writing the pound is trading much closer to it’s annual low against the Swiss Franc than it’s annual high, and for reason for this can simply be put down to last years Brexit vote. We are now just weeks from the formal initiation of the Brexit process and interestingly the Pound is...