Tag Archives: USD

Swiss Franc The Euro has fallen by 0.03% to 1.0802 EUR/CHF and USD/CHF, September 9(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview:  News that the AstraZeneca Phase 3 test had to be stopped to study the adverse reaction of one subject added to the uncertainty of investors amid one of the more significant reversals of risk appetites since March.  Equities continued to slump in the Asia Pacific region, with many...

Swiss Franc The Euro has fallen by 0.09% to 1.0813 EUR/CHF and USD/CHF, September 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets remain on edge. US-China tensions are escalating. Strained Brexit talks are set to resume today. Profit-taking in the tech space has continued. The ECB meeting is around the corner. The MSCI Asia Pacific Index snapped a three-day slide today with most markets moving...

Swiss Franc The Euro has risen by 0.14% to 1.0789 EUR/CHF and USD/CHF, September 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dramatic sell-off of US shares yesterday is the main focus, capturing the limelight from other forces, including today’s US employment report.  It was the third-worst session for the S&P 500 since the March 23 bottom, and the other two did not see follow-through selling. ...

Swiss Franc The Euro has risen by 0.46% to 1.068 EUR/CHF and USD/CHF, July 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities began the week on a firm note in the Asia Pacific region. The Nikkei gained more than 2%, and the profit-taking seen in China ahead of the weekend was a one-day phenomenon. The Shanghai Composite rose 1.8%, and the Shenzhen Composite surged 3.5%. Taiwan and South Korea markets...

Swiss Franc The Euro has risen by 0.22% to 1.0629 EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Record fatalities in a few US states, coupled with new travel restrictions in Italy and Australia, have given markets a pause ahead of the weekend. News that two state-backed funds in China took profits snapped the eight-day advance in Shanghai at the same time as there is an attempt...

Swiss Franc The Euro has fallen by 0.05% to 1.0623 EUR/CHF and USD/CHF, July 9(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors continue to clamor into risk assets. Led by Chinese shares, the MSCI Asia Pacific Index pushed higher for the third session this week to new five-month highs. Europe’s Dow Jones Stoxx 600 is trying to snap a two-day decline with the help of better than expected revenues for its...

Swiss Franc The Euro has risen by 0.12% to 1.063 EUR/CHF and USD/CHF, July 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500’s longest advance this year was stopped seemingly as concern that the flare-up in the virus will slow the recovery. The sell-off in airlines and hotels helped spur a broader bout of profit-taking. Most Asia Pacific bourses advanced, led by the continued rally in Hong Kong...

Swiss Franc The Euro has fallen by 0.10% to 1.064 EUR/CHF and USD/CHF, July 7(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 rallied 1.6% yesterday to extend the streak to a fifth consecutive session, and the longest of the year and completed the negation of a bearish technical pattern. However, the main feature today is a wave of profit-taking on risk assets. Most equity markets moved lower in...

I began my career as a reporter on the floor of the Chicago Mercantile Exchange, covering the currency futures and short-term interest rate futures for a news wire. Among other things, I learned that often, the locals, people trading with their own money and wits, would take the opposite side of trades of the institutional players. The institutional operators had deeper pockets but were looking to lay-off risk. It was a David vs. Goliath story often. It is,...

Swiss Franc The Euro has risen by 0.07% to 1.064 EUR/CHF and USD/CHF, July 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A new daily high number of contagions globally has been reported, but the risk-appetites have been stoked. Chinese stocks have been on a tear. The Shanghai Composite rallied 5.7% today to bring the five-day advance to 13.6%. Most other regional markets, including Hong Kong, rallied as well...