Tag Archives: Korea

(Sporadic updates continue as the first of two-week business trip winds down) Swiss Franc The Euro has risen by 0.03% to 1.1481 CHF. EUR/CHF and USD/CHF, September 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates North Korea missile launch failed to have much impact in the capital markets. The missile apparently flew the furthest yet, demonstrating its ability to hit...

Swiss Franc The Euro has risen by 0.07% to 1.1406 CHF. EUR/CHF and USD/CHF, September 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Reports suggesting that North Korea is moving an ICBM missile toward launch pad in the western part of the country at night to minimize detection, while South Korea is escalating its military preparedness and the US seeks new...

Swiss Franc The Euro has fallen by 0.57% to 1.1374 CHF. EUR/CHF and USD/CHF, August 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A brief period of quiet, which some may have confused with a change in posture, North Korea followed up the weekend’s test of three ballistic missiles with what appears to have been an intermediate missile that flew over Japan. South Korea...

Swiss Franc The Euro has fallen by 0.24% to 1.1366 CHF. EUR/CHF and USD/CHF, August 24(see more posts on #USD, $CHF, EUR/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a firmer tone in quiet. Sterling is stabilizing after grinding down to its lowest level since late June. The Mexican peso, which had dropped in thin trading in Asia and Europe yesterday following Trump’s threat...

Swiss Franc The Euro has risen by 0.03% to 1.1352 CHF. EUR/CHF and USD/CHF, August 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mostly firmer against most of the major and emerging market currencies. The main impetus appears to be some position adjustment emanating from equities. The equity markets turned south in the second half of last week and...

Summary: Jackson Hole marks the end of the investors’ summer and a beginning of a challenging several weeks. The abandonment of national business leaders from Trump’s advisory board and strong words by Republican Senator Corker, followed by the dismissal of the controversial Bannon, could be a turning point. Neither Yellen nor Draghi may not even address the current policy stance as they discuss the topic at hand,...

Summary: Economic data due out are unlikely to change macro views. Swiss franc’s price action suggests some return to “normalcy” despite rhetoric remaining elevated. Sterling’s 3.25 cent drop against the dollar looks over.   An escalation of threatening rhetoric by the United States and North Korea emerged as the key driver last week. The US was unable to build on the success it enjoyed at the UN on August 5...

Swiss Franc The euro has depreciated by 0.13%  to 1.1312CHF. 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 net impact is to lift the US dollar, yen and gold. The geopolitical tensions saw more profit-taking in equities. Debt markets are little changed, but the US Treasuries area a little firmer. We suspect that like yesterday, North...

Swiss Franc The euro has depreciated by 1.16%  to 1.1316CHF. 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 US dollar is decidedly mixed. The Swiss franc, not the yen is the strongest of the major currencies. It is up nearly 1.1%. If sustained, it could be the biggest single day dollar loss against the franc this year, edging out more than...

Swiss Franc Switzerland Consumer Price Index (CPI) YoY, April 2017(see more posts on Switzerland Consumer Price Index, ) Source: investing.com - Click to enlarge FX Rates The US dollar has been mostly confined to about a 30 pip range against the euro and yen in Asia and the European morning. Sterling is under a little pressure after a series of poor data, including larger than expected falls in manufacturing and...