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...
Read More »FX Daily, September 6: Dollar Heavy in Quiet Markets
[unable to retrieve full-text content]The US dollar is trading heavily against most of the major and emerging market currencies. However, the losses are modest, and the greenback remains within recent ranges. The Antipodean and Scandi bloc currencies are performing best.
Read More »FX Daily, August 03: Consolidation Featured
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...
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