Tag Archives: Japanese Yen

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies– Gold surges 31.5% in British pounds after Brexit shock– Gold acted as hedge and safe haven in 2016 … for those who need safe haven– Furthers signs of market having bottomed and bodes well for 2017 – What drivers will gold respond to in 2017? –  EU elections and contagion risk, Geo-politics, terrorism, war...

Swiss Franc Currency Index With last Friday’s break-down of the dollar, the Swiss Franc index could recover a bit. Its loss over December is now 1%. But the dollar index had a gain of 2%. Trade-weighted index Swiss Franc, December 30(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge   Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency...

While few will be trading in the week between Christmas and New Years, we thought it might be helpful to review the dollar’s technical condition.  We make two overall points. First, although the dollar’s rally strengthened and extended after the November US election, this leg up of the dollar’s longer-term rally began at the end of Q3.  The anticipation of new policies by the Trump Administration, part of the story,...

Swiss Franc Currency Index The Swiss Franc index reduced its losses to 2 percent in the last month, while the dollar index is still 2.5 percent up. Trade-weighted index Swiss Franc, December 16(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge The chart shows the massive advance of the dollar index in the last three years, while the Swiss Franc index lagged. Swiss Franc Currency Index (3...

Swiss Franc Currency Index The Swiss Franc index remained in a losing position compared to the dollar index. However since November 25, it has remained stable. Given that the ECB extended the QE period, the EUR/CHF has fallen to 1.0730 again. Trade-weighted index Swiss Franc, December 09(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss...

Swiss Franc Currency Index The Swiss Franc index remained in a losing position compared to the dollar index. However since November 25, it has remained stable. Given that the ECB extended the QE period, the EUR/CHF has fallen to 1.0730 again. Trade-weighted index Swiss Franc, December 09(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss...

Swiss Franc Currency Index The Swiss Franc index continued around its 4% loss since the U.S. elections, while the US Dollar index had a 4% increase. Trade-weighted index Swiss Franc, December 02(see more posts on Swiss Franc Index, ). Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three years interval, the Swiss...

Swiss Franc Currency Index At least against the Swiss Franc index, the dollar index could further advance last week. We had observed SNB interventions in the previous week that kept the euro mostly above 1.07. Investors were hedging against the Trump reflation trade and potential inflation that comes with it. Trade-weighted index Swiss Franc, November 25(see more posts on Swiss Franc Index, ). Source: FT.com -...

Swiss Franc Currency Index The weeks after Trump’s election continue to see a weakening of the Swiss Franc, while the dollar index is on a steady rise. Still both the euro and the yen have seen worse performance than the Swiss Franc. The euro is currently under 1.07 CHF. Trade-weighted index Swiss Franc, November 18(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index...

In the latest report from ADM ISI’s strategy team, “Dollar Liquidity Threat is Getting Critical and Fed is M.I.A.”, Paul Mylchreest argues that mainstream economic luminaries (like Carmen Reinhart) are finally acknowledging the evolving crisis due to the dollar shortage outside the US, a topic which even the head researcher at the BIS shone a spotlight on yesterday suggesting that the strength of the dollar, not the VIX...