Tag Archives: GBP

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc EUR/CHF - Euro Swiss Franc, November 14(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar rally that moved into a higher gear in the second half of last week has begun the new week with a bang. It is up against nearly...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Prime Minister May is appealing the High Court decision and preparing to present broad guidelines of her strategy. An early election; even if it could be arranged, it is not clear which wing of the Tories would win. May missed the opportunity to provide...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc EUR/CHF - Euro Swiss Franc, November 11(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The forces unleashed by the US election results continue to drive the capitals markets. The combination of nationalism, reflation and...

Comment on GBP and CHF by Joshua Privett My articles My booksFollow on:LinkedIN Swiss Franc In the Swiss Television, Swiss National Bank’s Andrea Maechler promised interventions for the case that Trump wins the elections. It was probably not necessary. The EUR/CHF fell to 1.0753, but interventions were rather limited to our view. For the second after Brexit, many market participants are...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc EUR/CHF - Euro Swiss Franc, November 07 (see more posts on EUR/CHF, ). - Click to enlarge FX Rates The DAX also gapped lower before the weekend and gapped higher today.  It is stalling just ahead of the earlier gap from last week...

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Not only is Carney not resigning, but he agreed to stay a year longer than initially agreed. He will stay for the two years that Brexit is negotiated. Sterling rallied, but did not challenge last week’s highs. Marc Carney Bank of England - Click to...

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...

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...