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Tag Archives: U.S. Chicago PMI

FX Daily, March 29: Bonds and Stocks are Firm, While the Greenback Consolidates Upticks

Swiss Franc The Euro has fallen by 0.11% to 1.1758 CHF. EUR/CHF and USD/CHF, March 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The choppy US equity session yesterday, ultimately ending with modest losses as the tech sector remained under pressure, has been shrugged off in Asia and Europe, where modest gains have been seen. The dollar is little changed after...

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FX Daily, February 28: It Takes Powell to Convince the Market that Yellen was Right

Swiss Franc The Euro has fallen by 0.19% to 1.1504 CHF. EUR/CHF and USD/CHF, February 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Many market participants think they heard Fed Chair Powell give a fairly strong signal that he favored a more aggressive course. The implied yield on the December Eurodollar futures rose five basis points to 1.535%. The December Fed...

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FX Daily, November 30: US Dollar Comes Back Bid, but Brexit Hopes Underpin Sterling

Swiss Franc The Euro has risen by 0.37% to 1.1705 CHF. EUR/CHF and USD/CHF, November 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is broadly firmer. The rise in US yields yesterday has seen the greenback extend its recovery against the yen. It briefly pushed through JPY112.40, after dipping below JPY111.00 at the start of the week, for the first time...

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FX Daily, October 31: Month-End Leaves Market at Crossroads

Swiss Franc The Euro has risen by 0.41% to 1.628 CHF. EUR/CHF and USD/CHF, October 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equity markets are closing another strong month. The MSCI Asia Pacific Index was little changed on the day, but up 4.3% in October, the 10th consecutive monthly advance. Europe’s Dow Jones Stoxx 600 is also flattish today, but up 1.6%...

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FX Daily, July 31: Monday Morning Blues

Swiss Franc The euro is up by 0.15% to 1.1385 CHF EUR/CHF and USD/CHF, July 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a respite from the recent selling, but its gains have been shallow, and will likely prove brief. The upticks have been concentrated in the recently high-flying dollar-bloc currencies, and sterling. The tone appears to be...

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FX Daily, May 31: Sterling Takes it On the Chin

Swiss Franc The euro is lower at 1.0885 (-0.18%). EUR/CHF - Euro Swiss Franc, May 31(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Corbyn gains on the Tories. Theresa May calling a snap general selection seemed to be a wise move while the opposition was so weak. With a Tory victory seeming almost inevitable at that point Sterling strengthened against the majority of major currencies. This is due to a...

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FX Daily, April 28: Markets Limp into Month End

Swiss Franc EUR/CHF - Euro Swiss Franc, April 28(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate could hit 1.30 very soon as the market gets closer to this important level of resistance that could easily break through in the coming weeks. The overall expectations for the pound to strengthen on the back of a strong UK election for the Conservatives remain, the Franc should...

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FX Daily, March 31: Greenback Finishing Weak Quarter in Mixed Fashion

Swiss Franc EUR/CHF - Euro Swiss Franc, March 31(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar fell against all the major currencies in the first three months of 2017. The weakness initially seemed to be a correction to the rally, which began before the US election last year.  The dollar recovered in February, in anticipation of a hawkish Fed in March. The Fed did hike rates, but the...

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FX Daily, February 28: Markets Little Changed as Breakout is Awaited

Swiss Franc EUR/CHF - Euro Swiss Franc, February 28(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge GBP/CHF GBH CHF continues to see a volatile period with the general global uncertainty which has seen investors favour the safe haven currency. GBP CHF currently sits at 1.25 for this pair and there is resistance at these levels which is preventing the pound from driving higher. Brexit is now...

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FX Daily, January 31: Markets Look for Solid Footing

Swiss Franc EUR/CHF - Euro Swiss Franc, January 31(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The immigration imbroglio in the United States is being cited in various accounts for the price action, including yesterday’s drop in the S&P 500, where the intraday loss was the largest since before the election.  The drama is also being blamed for the dollar’s losses yesterday, which it is...

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