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Tag Archives: MXN

FX Daily, January 20: The Dollar Slips to New Lows against Sterling and the Mexican Peso

Swiss Franc The Euro has fallen by 0.05% to 1.0768 EUR/CHF and USD/CHF, January 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities are moving higher today. Led by continued strong buying of Hong Kong shares, the MSCI Asia Pacific Index rose to new highs. The Hang Seng is up 6% this year and is approaching the 2019 record high.  Australia’s shares set a new record today. Japan and Taiwan bucked...

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FX Daily, December 8: Consolidative Moment as Markets Wait for Fresh Developments

Swiss Franc The Euro has fallen by 0.08% to 1.0771 EUR/CHF and USD/CHF, December 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Three brinkmanship dramas continue to play out. The UK-EU trade talks have reportedly made little progress and may have even moved backward, according to some reports, over the past two days. The EU and Poland, and Hungary will be butting heads at the leaders’ summit that begins...

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FX Daily, December 7: Holy Mackerel Will UK-EU Talks Really Flounder?

Swiss Franc The Euro has fallen by 0.21% to 1.0794 EUR/CHF and USD/CHF, December 7(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview:  Optimists see the belabored talk between the UK and EU as providing for a dramatic climax of a deal, while the pessimists warn that the divergence is real.  Sterling opened three-quarters of a cent lower in early turnover and is now off around two cents.  This, coupled with new US...

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FX Daily, December 4: The Employment Report may not Give Greenback much of a Reprieve

Swiss Franc The Euro has fallen by 0.06% to 1.081 EUR/CHF and USD/CHF, December 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After wobbling late yesterday on what appears to be old news from Pfizer about a disruption of the vaccine’s supply chain, equity markets have recovered, and risk appetites remain intact. With more than 1% gains in South Korea’s Kospi and Taiwan’s Taiex, the MSCI Asia Pacific...

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FX Daily, February 14: Investors Continue to Look Past the Coronavirus

Swiss Franc The Euro has risen by 0.24% to 1.0641 EUR/CHF and USD/CHF, February 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets are heading into the weekend, still trying to look past the coronavirus despite the new cases in Hubei. Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia,...

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FX Daily, December 18: Markets Turn Quiet Ahead of Central Bank Meetings

Swiss Franc The Euro has fallen by 0.22% to 1.0905 EUR/CHF and USD/CHF, December 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets have turned quiet as the year-end positioning drives prices in lieu of fresh developments. Equities in the Asia Pacific region were narrowly mixed. The smaller markets in Asia performed better than the large bourses of Japan, China, and Korea, which eased....

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FX Daily, September 27: Markets Limp into the Weekend with the Euro Languishing at New Lows and Sterling under Pressure

Swiss Franc The Euro has risen by 0.01% to 1.0851 EUR/CHF and USD/CHF, September 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities remain under pressures. The MSCI Asia Pacific Index lower today, though Chinese and Australian shares were firmer. It is the second consecutive week the benchmark has fallen. European equities are firmer, but not enough to offset the losses earlier this week and are set to...

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FX Daily, August 8: PBOC Helps Stabilize CNY, while US Equity Recovery Lifts Sentiment

Swiss Franc The Euro has risen by 0.27% to 1.0948 EUR/CHF and USD/CHF, August 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The challenges for investors have not gone away, but a combination of factors has helped stabilize the capital markets. The PBOC set the dollar’s reference rate above CNY7.0, but not as high as anticipated, and this has seen the yuan...

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FX Daily, July 30: Sterling Pounded

Swiss Franc The Euro has fallen by 0.10% to 1.1037 EUR/CHF and USD/CHF, July 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The prospect of a no-deal Brexit continues to pound sterling lower. A little more than two months ago, it was testing $1.32. Two weeks ago it was around $1.25. Today it traded near $1.2120 before stabilizing. On the other hand, the 10-year...

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FX Daily, July 10: North American Focus: Poloz and Powell

Swiss Franc The Euro has risen by 0.03% at 1.1135 EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US Treasury market is retreating for the fourth consecutive session ahead of Fed Chairman Powell’s testimony before Congress. It is the longest losing streak in six months, and the 10-year yield has risen 15 bp over the run.  This is...

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