Tag Archives: USD

I know some people who are always bullish gold. I am not. In fact, I often think I can find higher returning assets. However, I have recently have turned bullish gold, and while in Toronto on business, I was invited to the set of Bloomberg to discuss my change of heart. Many of the reasons the gold bugs cite would seem to justify owning gold bullion not paper claims on gold, like gold mining companies or gold ETFs. The...

Swiss Franc The Euro has risen by 0.10% at 1.1088 EUR/CHF and USD/CHF, June 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It is far from clear that the US sanctions against nine Iranian officials, with the foreign minister to be added later brings negotiations any closer. At the same time, US officials trying to keep expectations low for the weekend meeting...

Swiss Franc The Euro has risen by 0.12% at 1.1099 EUR/CHF and USD/CHF, June 24(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Trump-Xi meeting at the G20 this coming weekend and heightened tensions in the Gulf, with the US set to impose new sanctions on Iran’s crippled economy are keeping investors on edge. News the opposition won the re-do of the...

Swiss Franc The Euro has risen by 0.30% at 1.1115 EUR/CHF and USD/CHF, June 21(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are trading quietly ahead of the weekend. Equity markets are mostly narrowly mixed. Chinese shares extended their run, and the major benchmarks were up 4%+ on the week. Japan, Australia, South Korea, and...

Swiss Franc The Euro has fallen by 0.48% at 1.1104 EUR/CHF and USD/CHF, June 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The prospect of “lower for longer” continues to fuel the bond and stock rally. The initial US equity response to the Fed was positive but not strong and closed about 0.3% higher.  Asia Pacific equities followed suit with mostly modest...

Swiss Franc The Euro has fallen by 0.08% at 1.1196 EUR/CHF and USD/CHF, June 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: ECB President Draghi underscoring the likely need for more stimulus broke the subdued tone as market participants took a “wait and see” stance ahead of tomorrow’s FOMC decision. Draghi’s comments sent the euro through $1.12 for the first...

Swiss Franc The Euro has risen by 0.09% at 1.1209 EUR/CHF and USD/CHF, June 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are off to a subdued start to what promises to be a busy week, featuring the FOMC, BOE, BOJ meetings, and the flash June PMIs. Investors also expect some signal whether Presidents Trump and Xi will at the G20...

Swiss Franc The Euro has fallen by 0.02% at 1.1201 EUR/CHF and USD/CHF, June 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Worries about an escalation in the Gulf following US accusations that Iran was behind yesterday’s two attacks and weaker growth impulses, while trade tensions remain high, are dampening risk appetites ahead of the weekend. Equities are...

Swiss Franc The Euro has fallen by 0.32% at 1.1199 EUR/CHF and USD/CHF, June 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After roiling the markets by threatening escalating tariffs on Mexico, US President Trump has threatened China that if Xi does not meet him and return to the positions that the US claims it had previously, he will through on imposing...

Swiss Franc The Euro has risen by 0.08% at 1.125 EUR/CHF and USD/CHF, June 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 snapped a five-day advance yesterday and set the heavier tone for equities today. Continued protests in Hong Kong were not shrugged off as they have been in the last couple of sessions. The Hang Seng’s nearly 1.9% decline was...