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Tag Archives: U.S. Manufacturing PMI

FX Daily, February 21: Dollar Bounces Back

Swiss Franc Switzerland Trade Balance, Jan 2017(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has been in the main driven by sterling weakness which is weighing on the performance of the pound which has been in the main negative but we have lately seen the pound higher. This is mainly due to some clarity over the Brexit and just what...

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FX Daily, 01 February: Markets Stabilize, Investors Await Signals from US data and FOMC, and POTUS

Swiss Franc Switzerland SVME Purchasing Managers Index (PMI), January 2017(see more posts on Switzerland SVME PMI, ) Source: Investing.com - Click to enlarge GBP / CHF The pound still remains on the back foot against the Swiss Franc with rates for GBP CHF sitting just below 1.25 for this pair. The pound is struggling to gain momentum against all of the major currencies as Brexit is just around the corner. The...

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FX Daily, January 03: Dollar-Bloc and Sterling Advance, while Euro and Yen Slip

Swiss Franc Switzerland SVME PMI, December 2016(see more posts on Switzerland SVME PMI, ) Source: Investing.com - Click to enlarge FX Rates The US dollar is mixed.  After a soft start in Asia, where Tokyo markets were closed, the dollar recovered smartly against the euro and yen. The dollar-bloc and sterling are firmer.  Sterling’s earlier losses were recouped following news that the manufacturing PMI jumped to...

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FX Daily, November 01: Dollar and Yen Slip in Quiet even if Eventful Turnover

Comment on Swiss Franc by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs EUR/CHF Swiss Franc: The EUR/CHF has fallen again to the SNB intervention levels of 1.08. The dollar has depreciated by more than 1%. Who has followed our blog, knows that the Franc is a proxy for global growth, in particular Emerging Markets. Today’s...

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FX Daily, October 24: Dollar Begins Mostly Slightly Lower, and Risk is On to Start the Week

Swiss Franc Sterling vs the Swiss Franc has remained close to its lowest level in history caused by the aftermath of the Brexit vote back in June and more recently the announcement that Article 50 will be triggered by March 2017. Confidence in Sterling exchange rates has plummeted recently and until we get some form of assurances as to how the talks may go with the European Union we could see Sterling fall even...

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FX Daily, October 03: May’s Confirmation Sends Sterling Lower

Swiss Franc After the sudden jump with SNB’s Q3 window dressing, the EUR/CHF is trending lower again. . - Click to enlarge FX Rates Sterling has a bad case of the Monday blues. Even the moon looks distraught. Prime Minister May has confirmed earlier suggestions that she will trigger Article 50 to formally begin its divorce proceedings from the EU at the end of Q1 17. Several officials have already hinted this time...

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FX Daily, September 23: It is Friday and the Dollar is Firmer Again

Swiss Franc EUR/CHF, September 23, 2016Click to enlarge. FX Rates As Nassim Taleb instructed, we should not be fooled by randomness. If you see six red results in a row at a roulette table, do not conclude the game is rigged. If you flip a coin, and it is tails six consecutive times, the contest is not necessarily rigged. Today has the making of the sixth consecutive Friday that the dollar gains against the euro...

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FX Daily, August 23: Broadly Mixed Dollar in a Mostly Quiet Market

Swiss Franc Switzerland Trade Balance (See more posts for Switzerland Trade Balance) Click to enlarge. Source Investing.com FX Rates The US dollar is mostly little changed against the major, as befits a summer session. There are two exceptions. The first is the New Zealand dollar. Comments by the central bank’s governor played down the need for urgent monetary action and suggested that the bottom of cycle may be...

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