Tag Archives: USD

Swiss Franc EUR/CHF - Euro Swiss Franc, March 14(see more posts on EUR/CHF, ) - Click to enlarge FX Rates UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50.   It is not clear what UK she will lead out the EU.  Scotland is beginning the legal proceedings to hold another referendum on independence.  There is some talk that Northern Ireland, which...

Summary: Confrontation with China has been dialed down. Criticism of the Fed has been walked back. There is less talk about the dollar. Employment data has been embraced. As a candidate, Trump took a hardline. China is manipulating its currency. The Federal Reserve is acting to help Clinton get elected. The jobs data is fake. Over the past week, the each of these three positions has been considerably softened. It is...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 13(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The UK is edging closer to triggering Article 50 to start the formal negotiations of its exit from the EU. The House of Commons is expected to reject the amendments submitted by the House of Lords. If the House of Lords passes the stripped version, Prime Minister May could announce her intention to trigger...

The week ahead is the busiest week of the first quarter.  It sees four major central meetings, including the Federal Reserve which is likely to raise rates for the second time in four months. The Dutch hold the first European election of the year, and the populist-nationalist party remains in contention for the top slot. The week concludes with the G20 meeting, the first that the Trump Administration’s presence will be...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 10(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Sterling vs the Swiss Franc has fallen to its lowest level in two months as the Pound is continuing to be dragged down by what is happening with the uncertainty caused by when Article 50 will be triggered. Article 50 has been debated in the House of Lords and a challenge concerning the rights of Europeans...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 09(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge GBP / CHF The cost of hedging against major currency fluctuations between the Swiss Franc and the Euro hit it’s highest level in 2 months yesterday, as fears over impending French elections have investors worried. The far-right political parties in France are seeing their highest levels of...

Swiss Franc Switzerland Consumer Price Index (CPI) YoY, February 2017(see more posts on Switzerland Consumer Price Index, ) Source: Investing.com - Click to enlarge GBP/CHF The pound to Swiss Franc rate has deteriorated further in the last 24 hours as uncertainty over the Brexit and economic data for the UK weigh on the performance of the pound. I would suggest rates are going to continue to struggle for Swiss...

Summary The 94 mln people POTUS claims are not working is true but terribly misleading. What happened to agriculture a century ago is happening to manufacturing. New industries are less labor intensive than smokestack industries. In a speech to the joint session of Congress that was widely recognized as “presidential,” US President Trump said twice that there are 94 mln Americans out of the labor market.  It is...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 07(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound has continued to gradually slide lower against the Swiss Franc with rates for this pair falling to 1.2350. GBP CHF is particularly week on two counts: The safe haven status of the Swiss Franc and Brexit. Sterling continues to remain under a degree of pressure as the Brexit uncertainty continues to...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 06(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar’s pre-weekend pullback was extended in early European turnover but appeared to quickly run out of steam. The prospect of a constructive US employment report at the end of the week, especially given the steady decline in weekly initial jobless claims to new cyclical lows, underscores the...