Tag Archives: JPY

Swiss Franc The Euro has fallen by 0.81% to 1.1355. Even more than the dollar, the Swiss Franc has muscled today. EUR/CHF and USD/CHF, August 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has surged. The main impetus comes from the dramatic slide in the Turkish lira.  After moving above TRY5.0 yesterday, it reached TRY6.30 today before stabilizing a...

Swiss Franc The Euro has fallen by 0.48% to 1.1476 CHF. EUR/CHF and USD/CHF, August 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets are mostly quiet. US sanctions on Turkey and Russia are pressuring their respective currencies, and the New Zealand dollar has slumped nearly 1.5% on the back of a dovish hold by the central bank. The Kiwi is...

The withdrawal of the US from the Trans-Pacific Partnership trade agreement lift it exposed on two fronts. First, the TPP was going to modernize the NAFTA. Without, the US remains locked in protracted negotiations. A breakthrough in talks with Mexico has been reportedly imminent for weeks. Talks with Canada have apparently not progressed very far in recently, and the US insistence on a sunset clause remains a...

Fears that the UK could leave the EU in a little over six months without an agreement continues to drag sterling lower. Recall that over the weekend, the UK’s International Trade Minister Fox suggested there was a 60% chance of a no-deal Brexit. A few days earlier BOE Carney said that although it was not the most likely scenario, the risks such a departure were “higher than comfort.” Sterling is lower for a fifth...

Swiss Franc The Euro has risen by 0.18% to 1.1532 CHF. EUR/CHF and USD/CHF, August 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is pulling back today after yesterday’s advance. All the major currencies are higher and even the Turkish lira, which plunged nearly 5% yesterday to cap a six-day slide, is trading firmer today ([email protected]). The dollar’s...

Swiss Franc The Euro has risen by 0.13% to 1.1522 CHF. EUR/CHF and USD/CHF, August 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar edged higher against most of the major currencies, and emerging market currencies are heavier. Sterling’s quarter percent drop makes it the weakest of the majors in slow turnover and it was sufficient to record a new...

Swiss Franc The Euro has fallen by 0.19% to 1.1503 CHF. EUR/CHF and USD/CHF, August 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading at the upper end of its recent ranges against the euro and sterling. The euro finished below $1.16 yesterday for the first time since the end of June and has not been able to resurface that level so far today. We...

Swiss Franc The Euro has fallen by 0.14% to 1.1548 CHF. EUR/CHF and USD/CHF, August 02(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Bank of England meeting concludes a run of major central bank meetings over the past fortnight. The BOE is widely expected to join the Bank of Canada in raising rates. The Federal Reserve and the ECB were content to do and say...

Swiss Franc The Euro has risen by 0.11% to 1.1588 CHF. EUR/CHF and USD/CHF, August 01(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Investors recognize the risks to growth posed by the tariffs and counter-tariffs being imposed, but the way the US is going about it is also disconcerting. Within a few hours of signals that the US and China were looking to re-engage...

Swiss Franc The Euro has risen by 0.15% to 1.1582 CHF. EUR/CHF and USD/CHF, July 31(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Japanese yen has been sold following the adjustments to policy and outlook by the BOJ that will allow the unconventional policies continue for an “extended period of time.” Cross rate pressure and month-end demand have lifted the...