Swiss Franc The Euro has risen by 0.06% at 1.1349 EUR/CHF and USD/CHF, February 18(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: In quiet turnover, the US dollar slipped lower against most of the major currencies to start the new week. The news stream is light and the US markets are closed today. The MSCI Asia Pacific Index was up five of the past six...
Read More »FX Daily, February 12: Dollar Buying Pressure Subsides
Swiss Franc The Euro has risen by 0.63% at 1.1388 EUR/CHF and USD/CHF, February 12(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Dollar Index’s eight-day advance is in jeopardy. Although the greenback recorded new highs against some major currencies, the momentum appears to be stalling. The news stream is constructive as a compromise seems to have been...
Read More »FX Daily, February 11: Dollar Starts New Week on Firm Note
Swiss Franc The Euro has risen by 0.05% at 1.1331 EUR/CHF and USD/CHF, February 11(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Lifted by the re-opening of Chinese markets after the week-long Lunar New Year holiday, global equities are trading firmer. Outside of Japanese markets that were closed, the large markets in Asia–China, Taiwan, South Korea, and...
Read More »FX Daily, February 08: Dollar Index Seven-Day Advance is the Longest in Two Years
Swiss Franc The Euro has fallen by 0.22% at 1.1343 EUR/CHF and USD/CHF, February 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: As North American traders return to their posts to put the finishing touches on the week’s activity, the Dollar Index is extending its advance for a seventh consecutive session. If sustained, it will be the longest advance since...
Read More »FX Daily, February 06: Dollar Gains by Default
Swiss Franc The Euro has fallen by 0.17% at 1.139 EUR/CHF and USD/CHF, February 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The rally in equities is threatening to pause today, even though the few markets open in Asia edged higher. Europe’s Dow Jones Stoxx 600, which has advanced in eight of the past ten sessions and six in a row, is seeing some...
Read More »FX Daily, February 05: Greenback Remains Firm
Swiss Franc The Euro has fallen by 0.04% at 1.1407 EUR/CHF and USD/CHF, February 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is little firmer against most of the major currencies. Despite some disappointing data (retail sales, trade, PMI), the Australian dollar has recovered from initial losses below $0.7200 on the back of the central bank’s...
Read More »FX Daily, February 04: Subdued Start to Quiet Week
Swiss Franc The Euro has risen by 0.07% at 1.1411 EUR/CHF and USD/CHF, February 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Lunar New Year celebration made for a quiet Asian session while a light diary in Europe saw subdued turnover. Equity markets are narrowly mixed. Among the three large markets open in Asia Pacific, Australia and Japanese equities...
Read More »FX Weekly Preview: The Week Ahead is Mostly About Digestion
The information set investors have is unlikely to substantively change in the coming days. The important macro points are known. The first part of February may be about digesting and making sense of that information rather than an incremental increase. Investors had been concerned about what has become known as “quantitative tightening” or “QT”. It is the opposite of QE. Collectively the central banks’ balance...
Read More »FX Daily, February 01: Did the Fed Steal the Jobs Data Thunder?
Swiss Franc The Euro has risen by 0.24% at 1.1407 EUR/CHF and USD/CHF, February 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Weak manufacturing PMI readings are curbing risk appetites ahead of the US jobs report. Growth concerns are top and center after dovish Fed and the Bundesbank’s Weidmann warning that Germany may undershoot 1.5% growth this year, though...
Read More »FX Daily, January 30: She Can’t Accept No
Swiss Franc The Euro has risen by 0.27% at 1.1396 EUR/CHF and USD/CHF, January 30(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of...
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