Tag Archives: U.K. Services PMI

Swiss Franc EUR/CHF - Euro Swiss Franc, January 05(see more posts on EUR/CHF, ) - Click to enlarge The Swiss Franc has limited data releases to note for the upcoming weeks therefore I expect news from the Brexit story and UK economic data to influence exchange rates this month. At present we are awaiting the decision from the Supreme Court in regards to if UK Prime Minister Theresa May needs to seek Government...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 05(see more posts on EUR/CHF, ). - Click to enlarge FX Rates After softening ahead of the weekend, the US dollar has begun the new week on a firm note.  It is gaining against most major and emerging market currencies.  Outside of what appears to be a staged call between US President Elect Trump and the Taiwanese President, the developments in Europe grabbed the...

Comment on GBP and CHF by Matt Vassallo My articles About meMy booksFollow on: Swiss Franc EUR/CHF - Euro Swiss Franc, November 03(see more posts on EUR/CHF, ). - Click to enlarge GBP/CHF rates are trading below 1.20 on the exchange, providing those clients holding CHF with some of the best rates they’ve seen in the past six years. The Pounds woes have been well documented but with a key day of economic...

Swiss Franc EUR/CHF - Euro Swiss Franc, October 05 2016. Federal Reserve While the markets can be an incredibly efficient discounting mechanism, it sometimes is also an echo chamber. What began off as a Bloomberg report indicated that there was an agreement at the ECB that when it decided to end its asset purchases, it would gradually taper back rather than come to a fast stop, by the end of the day, it had...

[unable to retrieve full-text content]There were several developments that took place while US markets were closed for its Labor Day holiday. Most of the economic news was favorable. This included a strong snap back in the UK service PMI, more evidence that the moral suasion campaign to lift wages in Japan is yielding some success and a rise in the Caixin's China's service PMI.

Swiss Franc Click to enlarge. FX Rates The US dollar is consolidating yesterday’s losses.  The greenback’s upticks have thus far been shallow and unimpressive, except perhaps against the New Zealand dollar, which is off 0.8% ahead of next week’s RBNZ meeting.  Softer than expected labor cost increase reinforces the conviction that a 25 bp rate cut will be delivered next week. The asset markets are more...

Swiss Franc The EUR/CHF ended lower today. Today’s data showed that Germany has stronger growth than the rest of the Eurozone. Given the strong Swiss trade ties with Germany, the Swiss franc appreciated. See more in Correlation between CHF and the German Economy Click to enlarge. FX Rates As the week draws to a close, there are three main developments in the capital markets. First, the profit-taking seen in US...