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Tag Archives: $KRW

FX Daily, September 11: Dollar is Firm as ECB is Awaited

Swiss Franc The Euro has fallen by 0.31% to 1.092 EUR/CHF and USD/CHF, September 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities are extending their recent gains while bonds remain on the defensive. The dollar is firm. There is a degree of optimism that is prevailing. There are some more overtures in terms of US-Chinese trade. In Hong Kong, developers and banks led an equity rally on ideas...

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FX Daily, August 30: US Dollar Finishing August on Firm Note as Euro nears Two-Year Lows

Swiss Franc The Euro has fallen by 0.03% to 1.0903 EUR/CHF and USD/CHF, August 30(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities are advancing at least in part on ideas that trade tensions are easing. China announced it would not take immediate action on the five percentage point increase in levies that the US announced strictly in response to China’s retaliatory tariffs. A lull between...

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Cool Video: The implication of CNY7.0+

President Trump’s tweets last week announcing the end of the tariff truce signaled a new phase in the US-Chinese tensions. China responded as did investors. I was fortunate to have been invited to the Bloomberg set to discuss the issues of the day. In this two-minute clip, I suggest there will be far-reaching implications for investors. World growth is getting marked down as deflationary forces strengthen. The...

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FX Daily, April 30: Dollar Pares more Gains as EMU GDP Surprise

Swiss Franc The Euro has risen by 0.31% at 1.1437 EUR/CHF and USD/CHF, April 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 set a new record high and close yesterday, but the lift to global markets was not strong enough to overcome the disappointing Chinese PMI. Although Chinese equities traded higher on ideas that the news will spur additional...

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FX Daily, February 01: Did the Fed Steal the Jobs Data Thunder?

Swiss Franc The Euro has risen by 0.24% at 1.1407 EUR/CHF and USD/CHF, February 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Weak manufacturing PMI readings are curbing risk appetites ahead of the US jobs report. Growth concerns are top and center after dovish Fed and the Bundesbank’s Weidmann warning that Germany may undershoot 1.5% growth this year, though...

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FX Daily, January 22: Dollar Consolidates and Equity Rally Stalls

Swiss Franc The Euro has fallen by 0.02% at 1.1328 EUR/CHF and USD/CHF, January 22(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is firmer against most major and emerging market currencies. The yen is a notable exception, and it is firmer, but well within recent ranges. The dollar-bloc currencies and the Norwegian krona are the weakest of the...

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