Swiss Franc The Euro has risen by 0.20% to 1.152 CHF. EUR/CHF and USD/CHF, February 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A light economic schedule in North America may help the markets close the week on a quiet note. Perhaps if there is one number that captures this sense, it may be the VIX. It is soft and barring a new disruption today, it is poised to...
Read More »FX Daily, January 24: Dollar Takes Another Leg Lower
Swiss Franc The Euro has fallen by 0.62% to 1.1703 CHF. EUR/CHF and USD/CHF, January 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF in Detail Sterling has made consistent gains against the Swiss Franc over the last week and now sits at a yearly high of 1.34. These gains can be attributed predominantly due to an extremely optimistic UK growth forecast from Lord Jim...
Read More »FX Daily Rates, November 24: Euro Continues to Push Higher
Swiss Franc The Euro has risen by 0.38% to 1.1674 CHF. EUR/CHF and USD/CHF, November 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro is edging higher to trade at its best levels since the middle of last month. It is drawing closer to the $1.1880 area, which if overcome, could point to return to the year’s high seen in early September near $1.2100. There is a...
Read More »FX Daily, September 25: Euro and Kiwi Dragged Lower
Swiss Franc The Euro has fallen by 0.37% to 1.1538 CHF. EUR/CHF and USD/CHF, September 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The end of the Grand Coalition in Germany and the need for a coalition in New Zealand are weighing on the respective currencies. The euro was marked down in Asia and briefly dipped below $1.19 before recovering to $1.1940 by the middle of...
Read More »FX Daily, August 25: Is the Janet and Mario Show a New Episode or Rerun?
Swiss Franc The Euro has risen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 25(see more posts on EUR/CHF, USD/CHF, ). FX Rates The event that investors have been waiting for and the media frequently linked to whatever price action has taken place has arrived: Yellen and Draghi’s speeches later today. Yellen is first. She will speak at 10:00 am ET. This is toward the end of the European trading week. Draghi...
Read More »FX Daily, July 25: Summer Markets Ahead of FOMC
Swiss Franc EUR/CHF and USD/CHF, July 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets are subdued today; a dearth of fresh news and tomorrow’s FOMC meeting are making for light activity and limited price movement. The US dollar is little changed against most of the major currencies. The net change on the day through most of the European...
Read More »FX Daily, May 24: Dollar Consolidates, While Market Shrugs Off China Downgrade
Swiss Franc EUR/CHF - Euro Swiss Franc, May 24(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Labour gains ground The Conservatives were in a very strong position following the election announcement. A snap election historically causes the currency in question to weaken, but on this occasion the opposite occurred. A Torie victory is deemed to be positive for the UK economy. Investor confidence grew and...
Read More »FX Daily, February 24: Anxiety? What Anxiety?
Swiss Franc EUR/CHF - Euro Swiss Franc, February 24(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a mixed note in choppy activity in narrow ranges. It is an apt way to finish this week, which has been largely directionless as investors wait for fresh incentives, and are especially looking toward Trump’s speech to a joint session of Congress next week. It is...
Read More »