Swiss Franc EUR/CHF - Euro Swiss Franc, April 21(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Neither the terrorist attack in Paris nor the strong eurozone flash PMI has managed to shake investors. Judging from the social media, many suspect that the terrorist attack plays into Le Pen’s hands, but investors do not seem particularly concerned. The French interest rate premium over Germany has...
Read More »FX Daily, April 17: Markets Trying to Stabilize in Holiday-Thin Activity
Swiss Franc EUR/CHF - Euro Swiss Franc, April 17(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Financial centers in Europe are closed for the extended Easter holiday. Australian and New Zealand markets were also closed. The drop in US 10-year Treasury yields in early Asia, with a brief push below 2.20%, appears to have kept the dollar under pressure. As the North American market prepares to...
Read More »FX Daily, January 09: Sterling Pounded by May’s Hard Brexit
Swiss Franc EUR/CHF - Euro Swiss Franc, January 09(see more posts on EUR/CHF, ) - Click to enlarge I am reading a lot about the pound in 2017 which is likely to be as volatile as in 2016. But the Franc is a harder beast to predict. Loosely tracking the euro but subject to its own rules and trends GBPCHF could be an interesting pair to watch in 2017. There are numerous global events which can shape the...
Read More »FX Daily, November 29: Dollar Comes Back Mostly Firmer, but Focus is Elsewhere
Swiss Franc EUR/CHF - Euro Swiss Franc, November 29(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar correctly lowered yesterday, but most of the selling was over by the end of the Asian session, and the greenback steadied in Europe and North America. The dollar is firm against the euro and yen but within yesterday’s broad trading ranges. The Australian and Canadian dollar’s gains from...
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