Tag Archives: JPY

Most of the world’s financial centers are closed for the May Day holiday, but the lack of participation has not prevented the extension of the US dollar’s recovery.  The Dollar Index has traded above its 200-day moving average for the first time in a year.  No new catalyst has emerged.  The widening interest rate differential in the dollar’s favor over Germany, for example, is unprecedented.  Just like Fed officials can...

Swiss Franc The Euro stood unchanged at 1.1967 CHF. EUR/CHF and USD/CHF, April 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Three large corporate deals were announced. T-Mobile appears to have finally figured a way to secure Sprint.  It is a $26.5 bln equity tie-up. Marathon Petroleum is reportedly taking Andeavor for $20 bln in cash and stock. Sainsbury is...

Swiss Franc The Euro has fallen by 0.08% to 1.1958 CHF. EUR/CHF and USD/CHF, April 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s recent gains have been extended, and it is having one of its best weeks since November 2016. The Dollar Index is up 1.7% for the week, as US session is about to start. Though it took this week’s gains to change market’s...

Swiss Franc The Euro has risen by 0.03% to 1.1957 CHF. EUR/CHF and USD/CHF, April 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro made a marginal new low early in European turnover and held barely above the spike low on March 1 to $1.2155. So far, today is the first session since January 11 that the euro has not traded above $1.22. The euro stabilized as the...

Swiss Franc The Euro has risen by 0.12% to 1.1984 CHF. EUR/CHF and USD/CHF, April 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The Swiss Franc has been weakening recently as global investors appear to be moving away from the safe haven of the Swiss banking system. The US Federal Reserve have continued to increase interest rates during last year and have already...

Swiss Franc The Euro has fallen by 0.23% to 1.1944 CHF. EUR/CHF and USD/CHF, April 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has traded in a fairly tight range this week as a lack of any new fresh information to drive financial markets so far. A major driver for the Franc has been risk-sentiment as investors attitudes to risk shape...

Swiss Franc The Euro has fallen by 0.23% to 1.1944 CHF. EUR/CHF and USD/CHF, April 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The new week has begun much like last week ended, with rising rates helping to extend the dollar’s recent gains. The US 10-year yield is flirting with the 3.0% threshold. The two-year yield is firmer, and, like in the second half of last...

Worries about a trade war appear to have eased, at least for the moment, but that does not make investors worry-free. The concerns have shifted toward rising US interest rates, perhaps more than anything else, but general anxiety seems elevated. The unpredictableness of Trump Administration is not helpful, and even though oil prices recovered, they did react quickly,  losing a dollar a barrel in response to his tweet....

Swiss Franc The Euro has fallen by 0.24% to 1.1961 CHF. EUR/CHF and USD/CHF, April 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is set to finish the week on a firm note. It reflects rising US yields, where the 10-year is above 2.90% for the first time since February and the widening two-year different between the US and Germany, which is holding just...

Swiss Franc The Euro has fallen by 0.11% to 1.1968 CHF. EUR/CHF and USD/CHF, April 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A light news stream and less trade rhetoric lend the equity markets a positive impulse amid a strong US earnings season while leaving the dollar narrowly mixed. The MSCI Asia Pacific Index rose 0.5% and is up 1% for the week with one...