Tuesday , April 30 2024
Home / Tag Archives: U.K. (page 21)

Tag Archives: U.K.

FX Daily, June 11: US Yields Stabilize After Falling to Three-Month Lows

Swiss Franc The Euro has fallen by 0.04% to 1.0879 EUR/CHF and USD/CHF, June 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The 10-year US Treasury yield steadied after reaching a three-month low near 1.43%, despite the US CPI rising more than expected to 5% year-over-year. On the week, the decline of around a dozen basis points would be the largest in a year. Australia, New Zealand, and Italy benchmark...

Read More »

FX Daily, June 10: ECB Meeting and US CPI: Transitory Impact

Swiss Franc The Euro has fallen by 0.06% to 1.09 EUR/CHF and USD/CHF, June 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The ECB meeting and the US May CPI report is at hand. The US dollar is consolidating at a higher level against most of the major currencies. Softer than expected, inflation readings are weighing on the Scandis, which are bearing the brunt. The US 10-year yield closed below 1.50% for...

Read More »

FX Daily, June 08: Marking Time ahead of the Week’s Big Events

Swiss Franc The Euro has fallen by 0.20% to 1.0916 EUR/CHF and USD/CHF, June 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets appear to be in a holding pattern ahead of this week’s big events, including the US CPI and the ECB meeting. Equities are little changed but with a heavier bias evident. Most of the large bourses in the Asia Pacific region were lower, except Australia, which eked...

Read More »

FX Daily, June 07: The Greenback Steadies after Retreating on the Jobs Data

Swiss Franc The Euro has fallen by 0.04% to 1.0934 EUR/CHF and USD/CHF, June 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After falling to 1.55% after the US employment data, which, while mixing expectations, could hardly be considered weak, the US 10-year yield has come back firmer today (1.58%) This may be lending the greenback a better tone. Equity markets are quiet. Most markets in the Asia Pacific...

Read More »

FX Daily, June 02: The Dollar Snaps Back

Swiss Franc The Euro has risen by 0.13% to 1.0965 EUR/CHF and USD/CHF, June 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is enjoying broad, even if not large, gains today following yesterday’s recovery from three-year lows against sterling and four-year lows against the Canadian dollar. The greenback is firmer against all the major currencies. The Australian and New Zealand dollars the...

Read More »

FX Daily, May 28: The Yuan Extends Gains, While Sterling’s First Close above $1.42 in Three Years Goes for Nought

Swiss Franc The Euro has risen by 0.15% to 1.0948 EUR/CHF and USD/CHF, May 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The recovery of the US 10-year yield, so it is flat on the week near 1.61% coupled with month-end demand, is helping the US dollar firm. While the yen is bearing the burden on the week, with a 0.8% loss, the Antipodeans are leading the downside on the day. Although the New Zealand...

Read More »

FX Daily, May 18: Risk Appetites Return Bigly

Swiss Franc The Euro has fallen by 0.22% to 1.0951 EUR/CHF and USD/CHF, May 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: In Asia, equities markets rallied strongly, led by the more than 5% gain in Taiwan, the most in over a year as Monday’s 3% drop was more than overcome. The Nikkei gained more than 2% despite the deeper than expected contraction in Q1 GDP. Hong Kong, South Korea, and India also rose...

Read More »

FX Daily, May 17: US and Europe may Announce Tariff Truce

Swiss Franc The Euro has risen by 0.09% to 1.0948 EUR/CHF and USD/CHF, May 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: There are two general developments as the busy week gets underway. First, despite accelerated price readings in the US (CPI, PPI, import prices, and University of Michigan survey), US rates are soft. The 10-year yield is near 1.61% after rising to 1.70% after the CPI surprise last week....

Read More »

FX Daily, May 14: Softer Yields = Softer Dollar

Swiss Franc The Euro has risen by 0.03% to 1.0944 EUR/CHF and USD/CHF, May 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The surge in consumer prices reported on Wednesday saw rates jump and the dollar push higher. Stronger than expected producer prices yesterday, and news of wage increases (average 10%) at Mcdonalds and for 75,000 people Amazon wants to hire, saw rates ease and the dollar’s upside...

Read More »

FX Daily, May 12: The Dollar Stabilizes but Stocks, Not So Much

Swiss Franc The Euro has fallen by 0.07% to 1.0966 EUR/CHF and USD/CHF, May 12(see more posts on Business, EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets remain on edge. Asia Pacific and US equities have yet to find stable footing, and inflation fears are elevated. The foreign exchange market has turned quiet as the dollar consolidates its recent losses. China and Hong Kong escaped the sell-off equities that saw...

Read More »