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Tag Archives: South Korea

FX Daily, October 25: Limping into the Weekend both Fighting and Talking

Swiss Franc The Euro has fallen by 0.02% to 1.1014 EUR/CHF and USD/CHF, October 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Amazon and Intel earnings offered conflicting impulses for Asia Pacific equities, but Japanese, Chinese, Australian, and South Korean shares advanced. This will allow the regional MSCI benchmark to solidify its third consecutive weekly gain. Europe’s Dow Jones Stoxx 600 is little...

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FX Daily, October 21: Dollar Soft, but Stage is being Set for Turn Around Tuesday

Swiss Franc The Euro has risen by 0.20% to 1.0989 EUR/CHF and USD/CHF, October 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The UK’s departure from the EU remains up in the air as a new attempt to pass the necessary legislation through Parliament continues today. Many market participants seem to remain optimistic that Prime Minister Johnson’s plan will ultimately succeed. After slipping to $1.2875...

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FX Daily, October 16: Fickle Market Tempers Enthusiasm

Swiss Franc The Euro has fallen by 0.06% to 1.1006 EUR/CHF and USD/CHF, October 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Fading hopes that a Brexit agreement can be struck is seeing sterling trade broadly lower, while China’s demand that US tariffs be rescinded in exchange for a commitment to buy $40-$50 bln of US agriculture goods over two years, makes the handshake agreement less secure. At the same...

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FX Daily, October 1: Dollar Jumps to Start New Quarter

Swiss Franc The Euro has risen by 0.17% to 1.0893 EUR/CHF and USD/CHF, October 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is rising against nearly every currency today as global growth concerns deepen. Japan’s Tankan Survey showed large manufacturers confidence is a six-year low. The Reserve Bank of Australia cut 25 bp as widely expected and kept the door open for more. The final EMU PMI...

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FX Daily, September 30: A Busy Week Begins Quietly

Swiss Franc The Euro has risen by 0.24% to 1.0862 EUR/CHF and USD/CHF, September 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: As the quarter ends, the capital markets are mixed. Equities in Asia Pacific were heavier, except in Hong Kong and Australia, while shares were mixed, leaving the Dow Jones Stoxx 600 little changed through the European morning. US shares are trading firmer. Benchmark 10-year bond...

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FX Daily, August 1: Mid-Course Correction Sends Greenback Higher

Swiss Franc The Euro has fallen by 0.15% to 1.0989 EUR/CHF and USD/CHF, August 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Federal Reserve delivered the first rate cut since the Great Financial Crisis but couched it in terms of a mid-course correction rather than the start of a larger easing cycle. By doing so, Fed chief Powell cast the cut in less...

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FX Daily, July 25: ECB Takes Center Stage

Swiss Franc The Euro has risen by 0.71% at 1.1045 EUR/CHF and USD/CHF, July 25(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The euro remains stuck in its trough below $1.1150 ahead of the ECB meeting. The US dollar is firmer against most of the major currencies. The yen continues to resist the draw of the greenback. Most emerging market currencies are...

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FX Daily, July 22: Greenback is Mostly Firmer to Start New Week, while the Euro is Pinned near $1.12

Swiss Franc The Euro has fallen by 0.03% at 1.1007 EUR/CHF and USD/CHF, July 22(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: What promises to be an eventful two weeks has begun quietly. The ECB, Fed, BOJ, and BOE will meet over the next fortnight. The central banks of Turkey and Russia meet this week and are expected to cut rates. The UK will have a new...

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FX Daily, July 18: Dollar on Back Foot as Equities Slide

Swiss Franc The Euro has fallen by 0.09% at 1.107 EUR/CHF and USD/CHF, July 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Profit-taking continues to weigh on global equities earnings concerns saw the biggest drop in the S&P 500 in three weeks. The MSCI Asia Pacific Index fell for the fourth consecutive session. The Nikkei gapped lower for the second...

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FX Daily, July 9: No Turn Around Tuesday, as Equities Extend Losses and the Greenback Remains Firm

Swiss Franc The Euro has fallen by 0.13% at 1.1128 EUR/CHF and USD/CHF, July 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equity benchmarks are headed for their third consecutive loss today as caution prevails at the start of Q3 after a strong first half. Ten-year benchmark yields are edging higher after a soft start in Asia. Italian bonds continue to...

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