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Tag Archives: U.S. Case Shiller Home Price Index

FX Daily, May 30: Mixed Dollar as Market Awaits Preliminary EMU CPI and US Jobs

Swiss Franc The euro is lower at 1.0901 (-0.11%). EUR/CHF - Euro Swiss Franc, May 30(see more posts on EUR/CHF, ) - Click to enlarge FX Rates With the backdrop of US interest rates unable to get much traction, despite the strong probability of another Fed rate hike in a couple of weeks, the third since last November election, the US dollar mixed today. The chief story today, though, is not the greenback but the...

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Housing’s Echo Bubble Now Exceeds the 2006-07 Bubble Peak

If you need some evidence that the echo-bubble in housing is global, take a look at this chart of Sweden’s housing bubble. A funny thing often occurs after a mania-fueled asset bubble pops: an echo-bubble inflates a few years later, as monetary authorities and all the institutions that depend on rising asset valuations go all-in to reflate the crushed asset class. Take a quick look at the Case-Shiller Home Price Index...

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FX Daily, April 25: Euro Consolidates Gains, Bond Market Sell-Off Continues

Swiss Franc EUR/CHF - Euro Swiss Franc, April 25(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF We have seen small gains made by the Euro against the Swiss Franc since the result of the first round of the Presidential elections in France, and indeed the Swiss Franc has generally weakened against most major currencies over the course of this week. The SNB (Swiss National Bank) have recently commented...

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