Tag Archives: U.S. Treasuries

Swiss Franc Currency Index and the Trump Reflation Trade The Swiss Franc Index rose sharply, shortly after the U.S. elections. But then the Trump reflation trade came. Trump may fulfills the wet dreams of many economists. With tax cuts he might extend the U.S. fiscal deficit up to 10% per year. This resulted in: Gains on U.S. stocks and other dollar-denominated assets. In particular by yield-seeking Japanese pension...

Swiss Franc Currency Index As visible in the graph, the Swiss Franc index recovered most of its losses against the US Dollar Index for the last 30 days. In the last 30 days, both the USD currency index and the CHF currency index have had a positive performance. The USD dollar index still with a +1%, while the CHF index is finally slightly in positive territory. Clearly the major reason, is a new 6 month low on...

Swiss Franc Currency Index The Swiss Franc showed some improvement at the end of the week, when recovered some of the losses seen this month. Trade-weighted index Swiss Franc, October 28, 2016(see more posts on Swiss Franc Index, ) - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three...

Swiss Franc Currency Index The Swiss Franc index was lagging once again compared to the dollar index. The dollar index is up exactly 3% this month, while the CHF index is down 2%. The EUR/CHF has reached the SNB intervention area at the “new floor area of 1.08 to 1.0850. On Monday we will learn about the latest SNB interventions in our weekly sight deposits. Trade-weighted index Swiss Franc, October 22 2016(see...

Swiss Franc Currency Index The Swiss Franc index had once again a bad stance against the dollar index. The CHF index was down 1%. The dollar index, however, improved. Trade-weighted index Swiss Franc, October 15 2016(see more posts on Swiss Franc Index, ). - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency...

Swiss Franc Currency Index The Franc index lost considerably in the last week, in particularly in comparison to the dollar index. Reason was the exceptionally strong U.S. ISM Non-Manufacturing Index. Marc Chandler speaks about the jobs report that is rather a lagging indicator,  but I like to focus on the leading index., the ISM.My view is confirmed by the stronger dollar that reflect the ISM index, but not the...

Summary The US dollar fell against most of the major currencies in Q3.  The Norwegian krone was the best performer, gaining 4.4% against the greenback.  It was helped by higher oil prices and a shift away from an easing bias by the central bank.  The relatively high interest rates offered by Australia and New Zealand underpinned their currencies, which gained 2.7% and 2.0% respectively. The dollar rose against three...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Interest Rate Convulsions The prices of both metals were down again this week. We would guess that it has something to do with the fact that everyone knows: higher rates are coming to the dollar. The yield on the 10-year Treasury closed the previous week at 1.762% and this week at 1.701%. It may not look like much, but...

This week we focus on the charts, we omit the technical explanations, given that Marc Chandler is currently on a two-weeks trip. The dollar was surprisingly strong this week. This despite a more hawkish ECB, bad U.S. economic data in the ISM surveys. Swiss Franc Currency Index The Swiss Franc index had a bad week with a bad Friday. The dollar index rose at the end. Swiss Franc Index Trade-weighted index Swiss...

[unable to retrieve full-text content]The dollar was surprisingly strong this week. This despite a more hawkish ECB, bad U.S. economic data in the ISM surveys.