Swiss Franc The Euro has fallen by 0.35% at 1.1024 EUR/CHF and USD/CHF, July 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Comments underscoring the importance of acting preemptively by two Fed officials sent the dollar reeling and helped lift equities after the S&P fell to a two and a half week low. The decline in rates and the US shooting down of an...
Read More »FX Daily, July 18: Dollar on Back Foot as Equities Slide
Swiss Franc The Euro has fallen by 0.09% at 1.107 EUR/CHF and USD/CHF, July 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Profit-taking continues to weigh on global equities earnings concerns saw the biggest drop in the S&P 500 in three weeks. The MSCI Asia Pacific Index fell for the fourth consecutive session. The Nikkei gapped lower for the second...
Read More »FX Daily, July 17: Back to the Well Again
Swiss Franc The Euro has risen by 0.22% at 1.1095 EUR/CHF and USD/CHF, July 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After slapping punitive tariffs on structural from China and Mexico last week, US President Trump threatened to end the tariff truce with China because it is not stepped up its purchases of US agriculture products. Trump said the tariff...
Read More »FX Daily, July 16: Sterling Weakness Punctures Subdued Session
Swiss Franc The Euro has fallen by 0.05% at 1.1078 EUR/CHF and USD/CHF, July 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Summer in the northern hemisphere contributing to the subdued activity in the global capital markets. The MSCI Asia Pacific index stalled after a four-day advance, with Japanese, Chinese, and Australian equities offsetting gains in Taiwan,...
Read More »FX Daily, July 15: Marking Time on Monday
Swiss Franc The Euro has fallen by 0.10% at 1.108 EUR/CHF and USD/CHF, July 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The new record highs in US equities ahead of the weekend coupled with Chinese data that suggested the economy was gaining some traction as Q2 wound down is helping underpin risk appetites to start the week. Japanese markets were closed...
Read More »FX Daily, July 12: Greenback Limps into the Weekend
Swiss Franc The Euro has fallen by 0.48% at 1.1086 EUR/CHF and USD/CHF, July 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Higher than expected US CPI and the second tepid reception to a US bond auction this week pushed US yields higher and helped stall the equity momentum. Asia Pacific yields, especially in Australia and New Zealand jumped 8-10 bp in...
Read More »FX Daily, July 9: No Turn Around Tuesday, as Equities Extend Losses and the Greenback Remains Firm
Swiss Franc The Euro has fallen by 0.13% at 1.1128 EUR/CHF and USD/CHF, July 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equity benchmarks are headed for their third consecutive loss today as caution prevails at the start of Q3 after a strong first half. Ten-year benchmark yields are edging higher after a soft start in Asia. Italian bonds continue to...
Read More »FX Daily, July 8: Macro Monday
Swiss Franc The Euro has risen by 0.05% at 1.1135 EUR/CHF and USD/CHF, July 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets have begun the week in a mixed note. Asia Pacific equities tumbled, led by 2%+ losses in China and South Korea, but European shares are edging higher, and a positive close would be the seventh in the past eight...
Read More »FX Daily, July 05: Dollar is Bid Ahead of Jobs Report
Swiss Franc The Euro has risen by 0.10% at 1.1126 EUR/CHF and USD/CHF, July 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dovish response to news that Lagarde was nominated to replace Draghi was extended by the dismal German factory order report that has pushed the euro to new two-week lows and kept bond yields near record lows. The focus ahead of the...
Read More »FX Daily, July 2: Post-G20 Euphoria Fades, Stuck with Same Reality
Swiss Franc The Euro has risen by 0.17% at 1.1162 EUR/CHF and USD/CHF, July 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The euphoria that greeted the resumption of US-China and US-North Korea talks has subsided. Global equities have turned mixed after yesterday’s surge. Hong Kong played catch-up, and despite ongoing demonstrations, the Hang Seng rallied over...
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