Swiss Franc The Euro has risen by 0.06% at 1.1349 EUR/CHF and USD/CHF, February 18(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: In quiet turnover, the US dollar slipped lower against most of the major currencies to start the new week. The news stream is light and the US markets are closed today. The MSCI Asia Pacific Index was up five of the past six...
Read More »FX Daily, February 06: Dollar Gains by Default
Swiss Franc The Euro has fallen by 0.17% at 1.139 EUR/CHF and USD/CHF, February 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The rally in equities is threatening to pause today, even though the few markets open in Asia edged higher. Europe’s Dow Jones Stoxx 600, which has advanced in eight of the past ten sessions and six in a row, is seeing some...
Read More »FX Daily, February 05: Greenback Remains Firm
Swiss Franc The Euro has fallen by 0.04% at 1.1407 EUR/CHF and USD/CHF, February 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is little firmer against most of the major currencies. Despite some disappointing data (retail sales, trade, PMI), the Australian dollar has recovered from initial losses below $0.7200 on the back of the central bank’s...
Read More »FX Daily, January 31: Did Powell Toss in the Towel or was it a Tactical Retreat?
Swiss Franc The Euro has fallen by 0.08% at 1.14 EUR/CHF and USD/CHF, January 31(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The Fed’s dovish tone and earnings news are the main drivers of the capital markets today, helping lift stocks, bonds, and currencies. Large equity markets in Asia, including Japan, Hong Kong, China’s CSI 300, India, and Indonesia, all...
Read More »FX Daily, January 30: She Can’t Accept No
Swiss Franc The Euro has risen by 0.27% at 1.1396 EUR/CHF and USD/CHF, January 30(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of...
Read More »FX Daily, January 28: Getting Ducks Lined Up for Later in the Week
Swiss Franc The Euro has risen by 0.05% at 1.1331 EUR/CHF and USD/CHF, January 28(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are consolidating ahead of this week’s big events, which include the FOMC meeting, US jobs, an important Brexit vote in the UK parliament and the first look at Q4 EMU and US GDP. The US dollar is narrowly...
Read More »FX Daily, January 25: Euro Pares Yesterday’s Losses and Sterling Pulls Back after topping $1.31
Swiss Franc The Euro has risen by 0.44% at 1.1313 EUR/CHF and USD/CHF, January 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is paring yesterday’s gains against most of the major and emerging market currencies. Sterling pushed above $1.31, an 11-week high on news that the DUP would support Prime Minister’s Plan B that calls for limits on the...
Read More »FX Daily, January 14: Dismal Chinese Trade Data Sets Tone
Swiss Franc The Euro has fallen by 0.33% at 1.1248 EUR/CHF and USD/CHF, January 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: China’s exports and imports were weaker than expected, though the trade surplus swelled to its widest in a couple of years. The implications have undermined equities and weighed on risk appetites more broadly. Nearly all the...
Read More »FX Daily, December 07: A Couple More Events before Seeing the End of Difficult Week for Investors
Swiss Franc The Euro has risen by 0.09% at 1.13 EUR/CHF and USD/CHF, December 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities have stabilized after US equities recovered yesterday, with the NASDAQ 100 staging its biggest reversal in eight months and the S&P 500 recouped almost three percent to close 0.15% lower. Asia Pacific equities were...
Read More »FX Daily, December 03: G20 Fan Animal Spirits
Swiss Franc The Euro has risen by 0.14% at 1.1262 EUR/CHF and USD/CHF, December 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US and China kept their trade guns cocked at each other but offered the last opportunity for a negotiated settlement before escalation. What is billed as a 90-day freeze on tariff increases is really only 60 days beyond January 1...
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