Tag Archives: U.S. Industrial Production

Swiss Franc EUR/CHF - Euro Swiss Franc, October 17 2016(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar is consolidating in relatively narrow trading ranges. Participants appear to be waiting for fresh incentives, while the recent rise yields continue and equities have begun the new week on a soft note. Yellen spoke before the weekend, and her explicit willingness to tolerate higher...

Swiss Franc Click to enlarge. FX Rates The US dollar is being sold across the board today. The US Dollar Index is off 0.65% late in the European morning, which, if sustained, would make it the largest drop in two weeks. The proximate cause being cited by participants and the media is weak US data that is prompting a Fed re-think. However, we are a bit skeptical. It is not that the US data has been strong, or that...