Swiss Franc The euro is up by 0.02% to 1.0851 CHF. EUR/CHF - Euro Swiss Franc, June 09(see more posts on EUR/CHF, ) - Click to enlarge FX Rates What looked like a savvy move in late April has turned into a nightmare. Collectively, voters have denied the governing Conservative party a parliamentary majority. The uncertainty today does not lie yesterday with the known unknown, but with the shape of the next...
Read More »FX Daily, May 09: Dollar Firms amid Position Adjustments
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...
Read More »FX Daily, February 09: Dollar Bounce in Asia is Sold in the European Morning
Swiss Franc EUR/CHF - Euro Swiss Franc, February 09(see more posts on EUR/CHF, ) - Click to enlarge Currency manipulation is becoming a hot topic now that Donald Trump has been inaugurated as the US President. Followers of his social media accounts will be aware of his criticism’s of a number of countries for artificially weakening their currency’s in order to remain competitive on a global scale, and recently...
Read More »FX Daily, December 09: Euro Chopped Lower before Stabilizing
Swiss Franc EUR/CHF - Euro Swiss Franc, December 09(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The euro has stabilized after extending yesterday’s ECB-driven losses. The euro’s drop yesterday was the largest since the UK referendum to leave the EU. Ahead of the weekend, there may be some room for additional corrective upticks, but they will likely be limited, with the $1.0650...
Read More »FX Daily, December 09: Euro Chopped Lower before Stabilizing
Swiss Franc EUR/CHF - Euro Swiss Franc, December 09(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The euro has stabilized after extending yesterday’s ECB-driven losses. The euro’s drop yesterday was the largest since the UK referendum to leave the EU. Ahead of the weekend, there may be some room for additional corrective upticks, but they will likely be limited, with the $1.0650...
Read More »FX Daily, November 08: Consolidation Featured as Market Catches and Holds Breath
Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc The EUR/CHF remains under the 1.08, the former line in sand for the SNB. CHF is a hedge against an unexpected outcome of the election. EUR/CHF - Euro Swiss Franc, November 08(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The...
Read More »FX Daily, September 9: Ahead of the Weekend
(Dublin business trip is ending, London next week, sporadic posts to continue) Swiss Franc Click to enlarge. FX Rates The US dollar is lower against all the major currencies this week as North American participants close it out. On the day, the dollar is consolidating swings yesterday and is narrowly mixed. Bond yields are higher and equities are mostly lower. The euro has finished lower the last three Fridays....
Read More »FX Daily, August 09: Sterling Slips to a Four-Week Low, EUR/CHF still trending up
Swiss Franc The upwards tendency of the euro against CHF continues.The 100 day EMA of 1.0901 has passed. Click to enlarge. FX Rates In an otherwise uneventful foreign exchange market, sterling’s slide for its fifth consecutive session is the highlight. It was pushed below $1.30 for the first time since July 12. Initial resistance for the North American session is seen near $1.3020, while the $1.2960 area...
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