Swiss Franc EUR/CHF - Euro Swiss Franc, May 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar cannot get out of its own way, it seems. With a light economic schedule, there is little to offset the continued drumbeat of troubling political developments. The latest turn, as reported first in the Washington Post, that President Trump asked heads of intelligence groups to also publicly deny...
Read More »FX Daily, May 01: May Day Calm
Swiss Franc Switzerland Retail Sales YoY, March 2017(see more posts on Switzerland Retail Sales, ) Source: Investing.com - Click to enlarge FX Rates Many financial centers are closed for May. Japanese markets were open today, but will be closed for three sessions beginning Wednesday for the Golden Week celebrations. The US dollar is narrowly mixed. The yen is the weakest of the majors, off about 0.3% as the...
Read More »FX Daily, March 24: Dollar Trying to Stabilize Ahead of the Weekend
Swiss Franc EUR/CHF - Euro Swiss Franc, March 24(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF With just a few days to go before Article 50 is triggered the currency markets are waiting with baited breath for what may happen to the value of the Pound against all major currencies including against the Swiss Franc. Yesterday we saw a brief respite for the Pound vs the Swiss Franc with the release of...
Read More »FX Daily, March 01: Greenback Bounces, More Fed than Trump
Swiss Franc EUR/CHF - Euro Swiss Franc, March 01(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate has now slipped below 1.25, a trend I did say I expected to take shape this month. Whilst some commentators do foresee the pound finding some strength once Article 50 is triggered I believe there is a strong likelihood that we will actually be more likely to see the pound...
Read More »FX Daily, March 01: Greenback Bounces, More Fed than Trump
Swiss Franc EUR/CHF - Euro Swiss Franc, March 01(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate has now slipped below 1.25, a trend I did say I expected to take shape this month. Whilst some commentators do foresee the pound finding some strength once Article 50 is triggered I believe there is a strong likelihood that we will actually be more likely to see the pound...
Read More »FX Daily, February 21: Dollar Bounces Back
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...
Read More »FX Daily, January 24: UK Supreme Court Requires May to Submit Bill on Brexit to Parliament
Swiss Franc EUR/CHF - Euro Swiss Franc, January 24(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The Supreme Court ruling is finally upon us this morning which will determine whether or not UK Prime Minister Theresa May can invoke Article 50 to commence exit negotiations without as Act of Parliament. With so many political forces at work and a movement to keep Britain with as close ties as possible to...
Read More »FX Daily, January 04: Consolidation in Capital Markets
Swiss Franc EUR/CHF - Euro Swiss Franc, January 04(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF rates have jumped during the first official day of trading in 2017, with the pair hitting 1.2657 at today’s high. The Pound gained support this morning following positive UK Manufacturing data, which came in well above market expectation. This increased market confidence in the UK economy and the Pound has...
Read More »FX Daily, December 01: Dollar is on the Defensive, though Yields Rise
Swiss Franc EUR/CHF - Euro Swiss Franc, December 01(see more posts on EUR/CHF, ). - Click to enlarge Sterling has made steady gains against the CHF over the past month, in line with improvements made against other major currencies. The Pound has benefited from a strong run of economic data and more positive market sentiment. Whilst the UK economy remains fragile in the eyes of investors, there is no doubt...
Read More »FX Daily, December 01: Dollar is on the Defensive, though Yields Rise
Swiss Franc EUR/CHF - Euro Swiss Franc, December 01(see more posts on EUR/CHF, ). - Click to enlarge Sterling has made steady gains against the CHF over the past month, in line with improvements made against other major currencies. The Pound has benefited from a strong run of economic data and more positive market sentiment. Whilst the UK economy remains fragile in the eyes of investors, there is no doubt...
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