Tag Archives: JPY

Swiss Franc The Euro has fallen by 0.03% at 1.1277 EUR/CHF and USD/CHF, September 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar has been confined to about 10 pips on either side of JPY111.55. There are $1.13 bln of options struck between JPY111.50 and JPY111.65 that expire today. Dollar support extends to JPY111.20-JPY111.30. It has not traded above JPY112.00...

Swiss Franc The Euro has fallen by 0.17% at 1.1282 EUR/CHF and USD/CHF, September 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro and sterling extended their recovery from the US hourly earnings lows seen before the weekend. However, the move stalled in the European morning, after the UK reported better than expected earnings itself. Sterling approached the 61.8%...

Swiss Franc The Euro has risen by 0.82% at 1.1289 EUR/CHF and USD/CHF, September 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s pre-weekend gains were extended against most the major currencies, but the euro, sterling, and Australian dollar have recovered in the European morning.  Emerging markets currencies are mixed. The euro fell to almost $1.1525 in...

United States The 201k rise in US non-farm payrolls edged above the median forecasts, but the 50k downward revision to the past two-months removes the gloss. It is the first August report in seven years that the initial estimate was above the Bloomberg median. U.S. Nonfarm Payrolls, Sep 2013 - Sep 2018(see more posts on U.S. Nonfarm Payrolls, ) Source: investing.com - Click to enlarge The most important part of the...

Swiss Franc The Euro has fallen by 0.26% at 1.1185 EUR/CHF and USD/CHF, September 7(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro’s resilience strikes us as a potentially important reflection of market psychology. Last week’s high was set near $1.1735, and the high for August was a little higher at nearly $1.1745. The euro has not been above $1.1750 since the...

Swiss Franc The Euro has fallen by 0.21% at 1.1276 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 euro set a new high for the week in Asia earlier today near $1.1660. It subsequently was sold off to $1.1615 before rebounding. There is a 1.6 bln euro option struck at $1.16 that will be cut today. That it remains firm is impressive given...

Swiss Franc The Euro has risen by 0.20% at 1.1305. EUR/CHF and USD/CHF, September 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar is posting gains against most of the emerging market and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia’s bourse saw the largest decline (~3.75%) in the...

Swiss Franc The Euro has fallen by 0.01% at 1.1263. EUR/CHF and USD/CHF, September 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is rising against all the major and emerging market currencies today. The signals from the White House suggest strong pressure will be exerted on Canada to sign on to NAFTA 2.0 or risk losing part of its auto sector, which of...

The winding down of the North’s summer provides a suitable time to consider not the near-term outlook, which many investors do on a daily basis, but to reflect on where we are heading down the road a bit. What will the next 18-24 months hold? Of course, we harbor no illusions of prescient vision and accept the hazards of the assignment and so should the reader. The effect of monetary tightening and fiscal stimulus...

Swiss Franc The Euro has risen by 0.29% at 1.1275. EUR/CHF and USD/CHF, August 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dramatic price action seen yesterday among several emerging market currencies is eased today, but here at month-end, demand for risk-assets is tentative at best. The macro backdrop, including the increase in US core inflation, expectations...