Swiss Franc The Euro has risen by 0.07% at 1.1411 EUR/CHF and USD/CHF, February 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Lunar New Year celebration made for a quiet Asian session while a light diary in Europe saw subdued turnover. Equity markets are narrowly mixed. Among the three large markets open in Asia Pacific, Australia and Japanese equities...
Read More »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...
Read More »FX Daily, January 30: She Can’t Accept No
Swiss Franc The Euro has risen by 0.27% at 1.1396 EUR/CHF and USD/CHF, January 30(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of...
Read More »FX Daily, January 29: Fragile Tone Persists
Swiss Franc The Euro has risen by 0.19% at 1.1353 EUR/CHF and USD/CHF, January 29(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The positive impulse in the capital markets seen last week has faded. The gap higher opening ahead of the weekend by the S&P 500 was follow by a gap lower opening yesterday. The US threatened crackdown on Huawei disrupted...
Read More »FX Daily, January 28: Getting Ducks Lined Up for Later in the Week
Swiss Franc The Euro has risen by 0.05% at 1.1331 EUR/CHF and USD/CHF, January 28(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are consolidating ahead of this week’s big events, which include the FOMC meeting, US jobs, an important Brexit vote in the UK parliament and the first look at Q4 EMU and US GDP. The US dollar is narrowly...
Read More »FX Daily, January 25: Euro Pares Yesterday’s Losses and Sterling Pulls Back after topping $1.31
Swiss Franc The Euro has risen by 0.44% at 1.1313 EUR/CHF and USD/CHF, January 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is paring yesterday’s gains against most of the major and emerging market currencies. Sterling pushed above $1.31, an 11-week high on news that the DUP would support Prime Minister’s Plan B that calls for limits on the...
Read More »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...
Read More »FX Daily, January 21: Chinese Data and UK Brexit Start New Week
Swiss Franc The Euro has risen by 0.12% at 1.1332 EUR/CHF and USD/CHF, January 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Mixed data from China and the anticipation of Prime Minister May’s “Plan B” are the main talking points, while US stock and bond markets are closed today. Asia Pacific equities were higher, while European markets have failed to follow...
Read More »FX Daily, January 17: Risk Assets Underperform as Investors Await Fresh Developments
Swiss Franc The Euro has risen by 0.32% at 1.1319 EUR/CHF and USD/CHF, January 17(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets remain relatively subdued as fresh trading incentives are awaited, including US corporate earnings. Some of the enthusiasm for risk-assets has diminished. The MSCI Emerging Markets Index has stalled after...
Read More »FX Daily, January 15: New Phase Begins with UK Vote
Swiss Franc The Euro has risen by 0.17% at 1.1272 EUR/CHF and USD/CHF, January 15(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Several of the equity benchmarks are flirting with six-week highs, including MSCI Asia Pacific Index and the Emerging Markets Index. The Dow Jones Stoxx 600 is trying to extend its advancing streak for a third week, something not...
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