Tag Archives: USD

Swiss Franc EUR/CHF - Euro Swiss Franc, January 19(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF GBP/CHF has been range bound in recent weeks but anything but predictable! Of course one of the main, if not the main driver on this rollercoaster is the pound which has been much weaker and stronger according to the sentiments over the Brexit. On the whole the market is predicting the pound will be weaker...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 18(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Yesterday morning Theresa May, the UK Prime Minister set out a clear and realistic plan for the UK’s Brexit, which is likely to begin at the end of March this year. Many had expected to see her give a ‘Hard Brexit’ leaning speech and the Pound had lost value in the lead up to her comments, but when she...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 17(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc exchange rate rose today as investors were pleased by Theresa May’s comments about the Brexit. We are looking now at a more decisive Prime Minister Theresa May who has set out a plan and some objectives which if realised will create a much stronger and better Brexit than political...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 17(see more posts on EUR/CHF, ) - Click to enlarge   GBP/CHF - British Pound Swiss Franc, January 17(see more posts on GBP/CHF, ) - Click to enlarge FX Rates The US dollar is broadly lower against major and emerging market currencies.  It has given up yesterday’s gains and more.  The proximate cause appears to be comments by President-elect Trump in a Wall...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 16(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The euro has been sold to $1.0580 in the European morning, a cent lower from the pre-weekend high. In addition to the drag from sterling, the euro appears to have been sold in response to the interview in two European papers of the next US President.  Among other things, Trump reported claimed that NATO...

Summary: Bank of Canada may be more upbeat following strong jobs and trade figures. China’s President Xi will speak at Davos and likely defend globalization and free trade, which some think the US is abandoning. UK PM May’s speech on Brexit may be blunted by few surprises, collapse of the government in Northern Ireland, and the pending Supreme Court ruling. ECB will leave rates on hold and look for Draghi to push...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 12(see more posts on EUR/CHF, ) - Click to enlarge If you are buying or selling the Swiss Franc the next week is vital to expectations. The pending Supreme court case will shape the next twist and turns of Brexit which in turn will of course affect the pound and also risk sentiments. I expect GBPCHF could easily slip below 1.20 if the Court Case is rejected, this...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 11 (see more posts on EUR/CHF, ) - Click to enlarge The pound has seen a sharp fall following the interview that Theresa May gave with Sky news on Sunday although there has been a small rebound this afternoon. GBP CHF exchange rates are hovering around 1.2350 for this pair. The pound fell sharply in morning trade but has since recovered as there still remains a...

The US 10-year yield fell briefly below 1.32% last July. The yield slowly rose to reach 1.80% in mid-October. The day after the election, the yield initially slipped to almost 1.71%. This was a bit of a miscue, and the yield rose sharply to hit almost 2.64% the day after the FOMC hiked rates for the second time in the cycle on December 14. The yield backed off to hit 2.33% at the end of last week. The difference between...

Swiss Franc EUR/CHF - Euro Swiss Franc, January 10(see more posts on EUR/CHF, ) - Click to enlarge Sterling is on the ropes following Brexit comments made by UK Prime Minister Theresa May over the weekend. It’s been a tough day’s trading for any clients holding the Pound with losses against all of the  major currencies. GBP/CHF rates have dropped by a cent and a half with the pair now trading in the mid 1.23’s,...