Tag Archives: JPY

Summary: Euro fell to new 20-month lows before steadying. The dollar extended its recovery against the yen. Emerging markets remained under pressure, and Turkey’s central bank surprised with a 50 bp hike in the repo rate. While US markets were closed for the celebration of Thanksgiving, the underlying trends remained intact. Here is a summary of several developments. The euro edged to a new low, a little below...

Swiss Franc EUR/CHF - Euro Swiss Franc, November 23(see more posts on EUR/CHF, ). Source: - Click to enlarge The GBPCHF rate has slipped a little in early morning trading today as investors await the UK budget due today. Amongst the usual leaks and rumours there appears likely to be a budget which will not be overly generous as some expect but will seek to keep the UK economy on a fairly stable course. UK...

Swiss Franc Switzerland Trade Balance, October 2016(see more posts on Switzerland Trade Balance, ). Source: Investing.com - Click to enlarge Sterling has seen huge gains vs the Swiss Franc during today’s trading session as Prime Minister Theresa May spoke out in an attempt to reassure the UK economy. It was one of the most positive speeches since her she took her position and she suggested that the UK would be...

Swiss Franc EUR/CHF - Euro Swiss Franc, November 21(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The euro is trying to snap a ten-day losing streak.  Its bounce today has stopped a little shy of the five-day moving average that is found near $1.0650.  It has not traded above this short-term moving average since the November 9. FX Performance, November 21 2016 Movers and Shakers. Source: Dukascopy...

Summary: TPP may be dead, but China is spearheading an alternative regional free trade deal. It is not as ambitious as the US-led TPP. China and Russia are eager to re-establish spheres of influence. The US election results delivered the coup de grace to the multilateral trade agreement called Trans-Pacific Partnership.  It was initially championed by the Obama Administration as a key pillar of its pivot to...

Swiss Franc EUR/CHF - Euro Swiss Franc, November 18(see more posts on EUR/CHF, ). - Click to enlarge FX Rates Since the US election, the dollar has been on a tear. Pullbacks have been brief and shallow. There are powerful trends in place. The euro has fallen nearly five percent over the past ten sessions, during which it is not closed higher once. The dollar rose four days this week against the yen and four days...

Swiss Franc EUR/CHF - Euro Swiss Franc, November 17(see more posts on EUR/CHF, ). - Click to enlarge UK Retail Sales figures are released this morning at 09.30 and could have an impact GBP/CHF exchange rates. The Pound has gained ground against the CHF over the past month but have levelled out over the past week, as the markets digest the unexpected election results in the US. The Pound has benefitted from...

Swiss Franc The Swissie has remained very strong against a much weaker pound but the outlook is still very shaky. The principal reason for the changes are of course the election of Donald Trump which has sent some big ripples through financial markets. The Swiss Franc did strengthen significantly as we saw uncertainty ahead of the election but following the result it was more the pound making headway with some big...

Comment on GBP and CHF by James Lovick My articles About meMy booksFollow on:LinkedIN Swiss Franc EUR/CHF - Euro Swiss Franc, November 15(see more posts on EUR/CHF, ). - Click to enlarge The pound took substantial losses against the Swiss Franc and every major currency this morning before recovering in afternoon trade. The leaked government report this morning caused sterling to fall by over 1% against...

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Swiss Franc EUR/CHF - Euro Swiss Franc, November 14(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar rally that moved into a higher gear in the second half of last week has begun the new week with a bang. It is up against nearly...