Tag Archives: U.K. Average Earnings Index

Swiss Franc The Euro has risen by 0.37% to 1.0901 CHF. This is a typical movement ahead of the SNB meeting tomorrow. This movement is probably unrelated to the Fed rate hike, given that the USD/JPY has fallen. It makes sense to go long CHF against JPY, if you bet on an inactive SNB. Inactive SNB would mean that the central bank will not speak about stronger FX Interventions or about lower rates. EUR/CHF - Euro Swiss...

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...

Swiss Franc EUR/CHF - Euro Swiss Franc, April 12(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Markets are calmer today.  The significant movers yesterday have stabilized.  The dollar has been unable to resurface above JPY110, but after plumbing to new lows near JPY109.35 in Asia, the dollar has recovered back levels since in North America late yesterday.   The decline in the US 10-year yield was...

Swiss Franc Switzerland Producer Price Index (PPI) YoY, February 2017(see more posts on Switzerland Producer Price Index, ) Source: Investing.com - Click to enlarge GBP/CHF Today is crucial for Swiss Franc exchange rates with a number of economic releases and political events happening around the world which are likely to have a direct bearing on the direction of the Swiss Franc. The US Federal Reserve...

Swiss Franc The Swiss Franc has strengthened against the pound as global uncertainty persists in the form of the UK’s Brexit vote and the US Presidential Election. Looking ahead it seems the CHF may soften a little as we learn of the new President, I found it very interesting that yesterday Paddy Power paid out on any bets for Hilary Clinton to become President in the United States. This is a great indication of the...

Swiss Franc Swiss ZEW expectations came in better than expected. The value was +2.7 instead of expected negative value. Switzerland ZEW Expectations (see more posts on Switzerland ZEW Expectations, )Switzerland ZEW Expectations. Click to enlarge. FX Rates The US dollar advanced yesterday and is in narrow ranges with a mostly softer bias today. The exception is the Japanese yen. Japanese press have reported that...