Tag Archives: JPY

Swiss Franc The Euro has fallen by 0.26% at 1.1287 EUR/CHF and USD/CHF, January 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Optimism on trade talks between the US and China coupled with the biggest rally in WTI in two years (11%+) have helped keep the equity market recovery intact.The MSCI Asia Pacific Index rose today, the eighth time in the past ten...

Swiss Franc The Euro has risen by 0.39% at 1.1288 EUR/CHF and USD/CHF, January 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities, bonds and the dollar are consolidating the moves seen earlier this week. This means equities are trading heavy and bonds firmer. The euro is paring gains that carried it to its best level (~$1.1570) since mid-October. After...

Swiss Franc The Euro has risen by 0.08% at 1.1233 EUR/CHF and USD/CHF, January 9(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities have extended the New Year rally. The MSCI Asia Pacific Index advanced for the fifth consecutive session and the 10th in the past 11. The Dow Jones Stoxx 600 in Europe is rising for the second consecutive session,...

Swiss Franc The Euro has fallen by 0.15% at 1.1222 EUR/CHF and USD/CHF, January 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets remain calm after the surge in volatility seen over the last couple of weeks. Asian equities were mixed, with the Japanese, Australia and Indian shares gaining, but other large regional markets, like China,...

Swiss Franc The Euro has fallen by 0.08% at 1.1229 EUR/CHF and USD/CHF, January 07(see more posts on EUR/CHF, USD/CHF, ) - Click to enlarge FX Rates Overview: The combination of robust US jobs and wage growth, more comforting words from Powell and a strong rally US stocks before the weekend helped lift Asian markets today and underpinned risk-taking appetites. However, renewed protests in France (and Hungary)...

The New Year is off to an auspicious start. The Japanese yen, the third most actively traded currency behind the dollar and euro, got caught in a vortex of a retail short squeeze, algos, and who knows what else. The US dollar plunged from around JPY109 to a slightly below JPY105 in a few minutes a little more than an hour after US markets closed yesterday.   Japanese markets were still closed for the holiday, which may...

The IMF offers the most authoritative report on central bank reserves on a quarterly basis with a quarter lag. The report, the Currency Composition of Official Foreign Exchange Reserves (COFER), covering Q318 has been released. It may be have been overlooked during the holidays, but if and when the pundits see it, the leading takeaway is that the dollar’s share of global reserves fell below 62% for the first time five...

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck the move. European equities. The 1.4% rally in the Dow Jones Stoxx 600 near midday in Europe retraces 2/3 of this...

Over the past five sessions, the yen is the strongest of the major currencies, appreciating about 1.7% against the US dollar, eclipsing the Swedish krona, which rallied strongly today after the Riksbank’s surprise rate hike. Given the sell-off in equities and the decline in markets, the yen’s strength is not surprising. What was surprising though was the dollar’s resilience against the yen earlier this month as equities...

Swiss Franc The Euro has risen by 0.04% at 1.1308 EUR/CHF and USD/CHF, December 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: There is little reprieve from the equity meltdown ahead of the weekend.  Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month lows. The Dow...