Tag Archives: JPY

Swiss Franc The Euro has risen by 0.34% to 1.1779 CHF. EUR/CHF and USD/CHF, March 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Today may be the last day of full liquidity until next Tuesday, after the Easter holidays. We identify three developments that are characterizing the end of the month, quarter, and for some countries and companies, the fiscal year. Equity...

Swiss Franc The Euro has fallen by 0.07% to 1.1755 CHF. EUR/CHF and USD/CHF, March 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates We argued that the talk of trade war was exaggerated. The confrontation, strong demands and a climb down is the Art of the Deal, and is part of the way the Trump Administration negotiates. We see striking parallels between the policymakers...

Swiss Franc The Euro has risen by 0.43% to 1.1747 CHF. EUR/CHF and USD/CHF, March 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates After a poor start in Asia, equities recovered. The MSCI Asia Pacific initially extended last week’s losses and fell to its lowest level since February 12 before recovering to finish near its highs, 0.4% above last week’s close. European...

- Click to enlarge Trade tensions have risen. No doubt about it, but to consider this a trade war is premature.  We should not pretend that this is the first time that the US adopted protectionist measures that ensnarled are military allies. We have been to this dance before. Countries will respond with some symbolic retaliation on a small number of goods that make a little more than a rounding error in bilateral...

Swiss Franc The Euro has fallen by 0.37% to 1.167 CHF. EUR/CHF and USD/CHF, March 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar has not recovered from the judgment that yesterday’s that Fed was not as hawkish as many had anticipated. There was no indication that officials thought they were behind the curve or prepared to accelerate the pace of hikes....

Swiss Franc The Euro stood still at 1.1684 CHF. EUR/CHF and USD/CHF, March 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Many see the eruption of the scandal that threatens senior government officials as yen positive because it weakens those that ostensibly want to depreciate the yen through monetary policy. The scandal involves falsifying documents to conceal a...

Spring is around the corner in the Northern Hemisphere, and with it, a sense of a Goldilocks moment.  Growth is sufficiently strong to see employment grow and absorb the economic slack.  In the US, the participation rate of the key 25-54 aged demographic group has risen and now stands at 89.3%, the highest since 2010.  Europe enjoys the broadest economic expansion in more than a decade, and while Japanese growth has not...

(About to set off on another business trip. I will spend the next two weeks in Asia. The updates will be sporadic. Thanks for your patience.) Swiss Franc The Euro has fallen by 0.01% to 1.1706 CHF. EUR/CHF and USD/CHF, March 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US Administration has softened its initial hardline position of no exemptions for the new...

Swiss Franc The Euro has risen by 0.21% to 1.1688 CHF. EUR/CHF and USD/CHF, March 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates In response to the resignation of one of the few “globalist” advisers in the US Administration, the resignation Cohn has sent ripples through the capital markets. Stocks have been marked down across the world. The prospects of a trade war...

Swiss Franc The Euro has fallen by 0.08% to 1.1549 CHF. EUR/CHF and USD/CHF, March 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is narrowly mixed. The Japanese yen remains firm. The dollar appears stuck in a narrow range. Near JPY105.20 the seems to be some short-covering pressure in front of JPY105. On the top side, the greenback is encountering offers...