Tag Archives: USD

Swiss Franc The Euro is down by 0.34% to 1.1601 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. EUR/CHF and USD/CHF, May 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is pulling back after recording new highs for the year against the euro and sterling. The greenback is lower against nearly all the major currencies, but the...

Swiss Franc The Euro is down by 0.34% to 1.1601 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. EUR/CHF and USD/CHF, May 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is pulling back after recording new highs for the year against the euro and sterling. The greenback is lower against nearly all the major currencies, but the...

Swiss Franc The Euro is down by 0.53% to 1.1628 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. Italy political drama is has spurred a significant rally in the Swiss franc. Over the past five days, it has been the strongest of the majors, rising 1.1% against the dollar and 1.8% against the euro. Today, it is the only major currency beside the yen that is gaining ground. Italian assets were...

There are several trends in the capital markets at a high-level. The euro and yen’s decline has coincided with sustained rallies in European and Japanese equity benchmarks.  Emerging market equities and currencies have been trending lower. There are two other trends that arguably are reinforcing if not causing the other trends. Both oil prices and U0S interest rates have been trending higher. It is unusual but not...

Swiss Franc The Euro is down by 0.54% to 1.1743 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. Reasons are: Weaker than expected euro zone GDP growth in Q1, in particular in Germany. However this “soft-patch” should have been clear to everybody. So it cannot be the main reason. Still the weak German GDP was the trigger for EUR weakness. A dovish European Central Bank. Already at the press...

Swiss Franc The Euro has risen by 0.02% to 1.1821 CHF. GBP and CHF The Pound has remained fairly range bound against the Swiss Franc during the last couple of weeks as the markets appear to adopting a wait and see approach as to what might happen in the medium to long term. The Pound fell marginally during this time after the Bank of England once again decided to keep interest rates on hold at a split of 7-2 in...

Swiss Franc The Euro has fallen by 0.40% to 1.1804 CHF. EUR/CHF and USD/CHF, May 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is mixed today after the Dollar Index rose to new 2018 highs yesterday. It is being driven by rising US rates, which also punishes short dollar positions. The US 10-year yield rose seven basis points yesterday to nearly 3.10%. It...

Swiss Franc The Euro has fallen by 0.44% to 1.1877 CHF. EUR/CHF and USD/CHF, May 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates US 10-year rates are again probing the air above 3%, and this is encouraging a push back toward JPY110, with the euro slipping toward $1.19. Asian equities fell, with the MSCI Asia Pacific shedding 0.8%, the most in nearly a month, snapping a...

Geopolitical issues will continue to bubble below the surface for the capital markets. The fallout from the reimposition of US sanctions on Iran has apparently helped lift oil prices in the face of the rising dollar, which often acts as a drag.  In the coming days, the US will take the symbolic step of moving its embassy to Jerusalem. The conflict between Israel and Iranian forces in Syria is escalating. Meanwhile, US...

Swiss Franc The Euro has fallen by 0.11% to 1.1937 CHF. EUR/CHF and USD/CHF, May 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar pulled back following yesterday’s slightly softer than expected CPI report and this likely marks the beginning of a new phase, with the dollar moving lower. Investors have learned over the past two weeks that neither wages nor...