Swiss Franc EUR/CHF - Euro Swiss Franc, May 17(see more posts on EUR/CHF, ). GBP/CHF Inflation data weakens Sterling. Yesterday saw the release of Consumer Price Index (CPI) data. CPI is a measure of inflation and yesterday we saw a rise from 2.3% to 2.7% month on month. Usually a rise in inflation is deemed as good for an economy, but on this occasion it is a worrying sign. The rapid rise is a direct result of the...
Read More »
Swiss Franc EUR/CHF - Euro Swiss Franc, January 18(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Yesterday morning Theresa May, the UK Prime Minister set out a clear and realistic plan for the UK’s Brexit, which is likely to begin at the end of March this year. Many had expected to see her give a ‘Hard Brexit’ leaning speech and the Pound had lost value in the lead up to her comments, but when she...
Read More »
Swiss Franc The Swissie has remained very strong against a much weaker pound but the outlook is still very shaky. The principal reason for the changes are of course the election of Donald Trump which has sent some big ripples through financial markets. The Swiss Franc did strengthen significantly as we saw uncertainty ahead of the election but following the result it was more the pound making headway with some big...
Read More »
Swiss Franc Click to enlarge. FX Rates The US dollar is enjoying a mid-week bounce against all the major currencies. It appears that participants in Asia and Europe are giving more credence to NY Fed Dudley’s comments yesterday. Although many in the market have given up on a rate hike this year, Dudley reaffirmed his belief that the economy was accelerating in H2 and that the market was being too complacent. Many...
Read More »
Swiss Economicblogs.org
