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Tag Archives: U.K. Manufacturing Production

FX Daily, June 12: Licking Yesterday’s Wounds Today

Swiss Franc The Euro has risen by 0.32% to 1.0698 EUR/CHF and USD/CHF, June 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The nearly three-month rally in risk assets ended with high drama with a stomach-churning almost 6% slide in the S&P 500 yesterday. Follow-through selling was seen in the Asia Pacific region, but most markets recovered from their lows, and although losses were still recorded, the...

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FX Daily, November 11: Dollar Consolidates and Equities Follow Asia Lower

Swiss Franc The Euro has fallen by 0.23% to 1.0964 EUR/CHF and USD/CHF, November 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Escalating violence in Hong Kong and the continued fall in Chinese producer prices weighed on equities in Asia Pacific trading. The MSCI Asia Pacific Index has risen nearly 7% during the five-week rally and is off to a weak start this week. Hong Kong’s Hang Seng fell around 2.6%,...

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FX Daily, October 10: Setback for the Greenback

Swiss Franc The Euro has risen by 0.37% to 1.0962 EUR/CHF and USD/CHF, October 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Conflicting headlines about US-China trade whipsawed the markets in Asia, but when things settled down, perhaps, like the partial deal that has been hinted, net-net little has changed. Asian equities were mixed, with the Nikkei, China’s indices, and HK gaining, while most of the...

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FX Daily, July 10: May Survives to Fight Another Day, but Sterling’s Recovery Falters

Swiss Franc The Euro has fallen by 0.13% to 1.1632 CHF. EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro was already trading with a heavier bias, having been turned back after approaching the $1.18 level yesterday. The disappointing Geman survey data encouraged some late longs to be cut, driving the euro to the session low near $1.1715,...

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FX Daily, May 10: Kiwi Tumbles on Dovish RBNZ, While Sterling Goes Nowhere Ahead of BOE

Swiss Franc The Euro has risen by 0.18% to 1.1931 CHF. EUR/CHF and USD/CHF, May 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is consolidating in narrow trading against most of the major currencies as participants digest several developments ahead of what was expected to be the highlight today, the BOE meeting and US April CPI. The greenback’s...

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FX Daily, February 09: Equity Sell-Off Extends to Asia, but More Muted in Europe

Swiss Franc The Euro has risen by 0.38% to 1.1502 CHF. EUR/CHF and USD/CHF, February 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude...

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FX Daily, January 10: Yen Short Squeeze Extended

Swiss Franc The Euro has risen by 0.31% to 1.1725 CHF. EUR/CHF and USD/CHF, January 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Sparked by fears that the BOJ took a step toward the monetary exit by reducing the amount of long-term bonds it is buying, there is an apparent scramble to cover previously sold yen positions. The dollar finished last week near JPY113.00....

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FX Daily, October 10: Dollar Pullback Extended

Swiss Franc The Euro has risen by 0.06% to 1.1507 CHF. EUR/CHF and USD/CHF, October 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s advance faltered before the weekend after rise average hourly earnings and a new cyclical low in unemployment and underemployment initially fueled greenback buying. There is no doubt the data was skewed by the storms, though...

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FX Daily, August 10: Tensions Remain Elevated, Dollar Firms

Swiss Franc The euro has depreciated by 0.13%  to 1.1312CHF. EUR/CHF and USD/CHF, August 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The net impact is to lift the US dollar, yen and gold. The geopolitical tensions saw more profit-taking in equities. Debt markets are little changed, but the US Treasuries area a little firmer. We suspect that like yesterday, North...

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FX Daily, June 09: Sterling Shocked, Dollar Broadly Firmer

Swiss Franc The euro is up by 0.02% to 1.0851 CHF. EUR/CHF - Euro Swiss Franc, June 09(see more posts on EUR/CHF, ) - Click to enlarge FX Rates What looked like a savvy move in late April has turned into a nightmare.  Collectively, voters have denied the governing Conservative party a parliamentary majority. The uncertainty today does not lie yesterday with the known unknown, but with the shape of the next...

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