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Tag Archives: U.S. New Home Sales

FX Daily, July 26: Quiet Fed Day without Yellen

Swiss Franc The euro is up by 0.56% to 1.1152 CHF EUR/CHF and USD/CHF, July 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates By definition, the Federal Reserve Open Market Committee meeting is the highlight of the day. Without a press conference, and following last month’s rate hike, there is practically no chance of a new policy initiative either on the balance sheet...

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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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FX Daily, March 23: Some Thoughts about the Recent Price Action

Swiss Franc EUR/CHF - Euro Swiss Franc, March 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The gains the US dollar scored last month have been largely unwound against the major currencies. The dollar’s losses against the yen are a bit greater, and it returned to levels not seen late last November. The down draft in the dollar appears part of a larger development in the capital markets that has...

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FX Daily, February 24: Anxiety? What Anxiety?

Swiss Franc EUR/CHF - Euro Swiss Franc, February 24(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar is finishing the week on a mixed note in choppy activity in narrow ranges. It is an apt way to finish this week, which has been largely directionless as investors wait for fresh incentives, and are especially looking toward Trump’s speech to a joint session of Congress next week. It is...

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FX Daily, December 23: Markets Edge into Holiday Weekend

Swiss Franc EUR/CHF - Euro Swiss Franc, December 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates Asian shares trade heavily. The MSCI Asia-Pacific Index ex-Japan fell 0.4%.  It is the fourth lower close this week and brings the loss to 1.75% for the week.  It is fallen in seven of the past nine weeks.  The Dow Jones Stoxx 600 is little changed on the session and is nursing a minor loss on the week and...

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FX Daily, November 23: Dollar Sees Flat Consolidation while the Equity Advance Fizzles in Europe

Swiss Franc EUR/CHF - Euro Swiss Franc, November 23(see more posts on EUR/CHF, ). Source: - Click to enlarge The GBPCHF rate has slipped a little in early morning trading today as investors await the UK budget due today. Amongst the usual leaks and rumours there appears likely to be a budget which will not be overly generous as some expect but will seek to keep the UK economy on a fairly stable course. UK...

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FX Daily, September 26: Dollar Mixed while Stocks Slide to Begin Last Week of Q3

Swiss Franc The Swiss Franc remained nearly unchanged against the euro. It fell to 1.0875 during the day and recovered with the good U.S. new home sales data. Click to enlarge. FX Rates The US dollar is narrowly mixed. The euro, yen and Swiss franc are higher, while the dollar-bloc and sterling are softer. The moving element here is not so much the greenback, which serving more as a fulcrum, but idiosyncratic,...

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