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Tag Archives: Germany Factory Orders

FX Daily, May 07: Greenback Starts Week on Firm Note

Swiss Franc The Euro has risen by 0.08% to 1.1959 CHF. EUR/CHF and USD/CHF, May 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar recovered from a softer tone in early Asia and is higher against nearly all the major and emerging market currencies as North American market prepare to start the new week. The news stream is light and investors remain on edge...

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FX Daily, April 05: Investors Find Comfort in Brinkmanship Blinks

Swiss Franc The Euro has fallen by 0.07% to 1.1787 CHF. EUR/CHF and USD/CHF, April 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equity markets are higher, following the stunning recovery in the US yesterday, where the S&P 500 rallied 76 points or 3% from its lows to it highs, near where it finished. The outside up day is seeing following through today....

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FX Daily, March 08: Euro Slips Ahead of the ECB Meeting

Swiss Franc The Euro has fallen by 0.1% to 1.1704 CHF. EUR/CHF and USD/CHF(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Expectations that the European Central Bank would change its forward guidance in a substantive way had been one of the factors behind the euro’s appreciation. However, more recently, the anticipation has slackened. The last meeting took place around...

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FX Daily, February 06: Recovering US Equities Puts Floor Under Europe after Asia Tanks

Swiss Franc The Euro has risen by 0.41% to 1.1566 CHF. EUR/CHF and USD/CHF, February 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates After the dramatic fall in US equities, Asian equities followed suit. The MSCI Asia Pacific Index fell 3.4% following Monday’s slide of 1.7%. European bourses gapped lower and spent most of the morning moving higher, though large gaps...

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FX Daily, January 08: Dollar Posts Modest Upticks to Start the New Week

Swiss Franc The Euro has risen by 0.04% to 1.1753 CHF. EUR/CHF and USD/CHF, January 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying modest but broad-based gains after trading firmly at the end of last week despite the slightly disappointing jobs report. The dollar’s upticks are understood to be corrective in nature. The Canadian dollar appears...

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FX Daily, October 6: Look Through the US Jobs Report

Swiss Franc The Euro has risen by 0.27% to 1.1485 CHF. EUR-CHF and USD-CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Traders are putting the final touches on another strong weekly performance for the US dollar. Strong economic data, including the PMIs, auto sales, and factory orders have surprised to the market. The ADP report warns that the storms that...

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FX Daily, September 06: Wake Me up when September Ends

Swiss Franc The Euro has risen by 0.17% to 1.1396 CHF. EUR/CHF and USD/CHF, September 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar fell to new lows since mid-2015 against the Canadian dollar yesterday. It is flattish today as the market awaits the central bank’s decision. We are concerned that given the strong performance and market positioning, a rate...

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Industrial Production: Irreführende Statistiken

Germany’s Federal Statistical Office (DeStatis) reported today disappointing figures for Industrial Production. The seasonally-adjusted series fell in June 2017 month-over-month for the first time this year, last declining in December 2016. The index had been on a tear, rising nearly 5% in the first five months of this year. The move was considered by many if not most in the mainstream a prime example of Mario Draghi’s...

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FX Daily, August 04: Does the Employment Report Matter?

Swiss Franc The Euro has fallen by 0.15% to 1.1475 CHF. EUR/CHF and USD/CHF, August 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There are some chunky option strikes that could come into play today. There are 920 mln euros struck at $1.1850 that expire today. There are A$523 mln struck at $0.7950 expiring today. There are $680 mln struck at CAD1.2550 that will be...

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FX Daily, May 08: Euro Bought on Rumor, Sold on Fact

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...

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