Tag Archives: USD/CHF

Swiss Franc The Euro has risen by 0.29% to 1.0671 EUR/CHF and USD/CHF, June 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The combination of rising virus cases and the sell-off in the US before the weekend dragged nearly all the Asia Pacific bourses lower. The Nikkei led the way with more than a 2% drop, but most bourses were off more than 1%. China and Taiwan were also greeted with selling as markets...

Swiss Franc The Euro has fallen by 0.01% to 1.0635 EUR/CHF and USD/CHF, June 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It may be that a new surge in virus cases will elicit more policy support from officials, but the immediate focus may be on the economic disruption. The number of US cases is reaching records, and at least a couple of states are stopping their re-opening efforts. Several other...

Swiss Franc The Euro has fallen by 0.17% to 1.0644 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: Given the huge run-up in risk assets this quarter, and the technical indicators warning of corrective forces, concerns over the new infections is pushing on an open door. The S&P 500 gapped lower yesterday and fell 2.6%, led by energy and airlines. The NASDAQ snapped an eight-day...

Swiss Franc The Euro has fallen by 0.07% to 1.0672 EUR/CHF and USD/CHF, June 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The rally in risk assets in North America yesterday is failing to carry over into today’s activity. Asia Pacific equities were mixed. Korea and Indonesia led the advances with more than 1% gain. China and Taiwan also gained. Japan and Hong Kong. Europe’s Dow Jone’s Stoxx 600 is giving...

Swiss Franc The Euro has risen by 0.12% to 1.0664 EUR/CHF and USD/CHF, June 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors begin the new week, perhaps slowed a bit by the weekend developments and the growth of new infections. Equities are mixed. The MSCI Asia Pacific Index snapped a four-day advance, though India bucked the regional trend and gained 1%. Europe’s Dow Jones Stoxx 600 is recovering...

Swiss Franc The Euro has fallen by 0.39% to 1.0704 EUR/CHF and USD/CHF, June 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Shortly after the US stock market opened sharply lower, the Federal Reserve announced that it’s Main Street facility was up and running. US stocks never looked back. After the S&P 500 recouped its full decline, the Fed announced it would begin buying corporate bonds. Up until now,...

Swiss Franc The Euro has risen by 0.32% to 1.0698 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 nearly three-month rally in risk assets ended with high drama with a stomach-churning almost 6% slide in the S&P 500 yesterday. Follow-through selling was seen in the Asia Pacific region, but most markets recovered from their lows, and although losses were still recorded, the...

Swiss Franc The Euro has fallen by 0.28% to 1.0707 EUR/CHF and USD/CHF, June 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Many observers are attributing the sell-off in risk assets today to the Federal Reserve’s pessimistic outlook, yet, as we note below, the Fed’s median GDP forecast this year is better than many international agency forecasts, including the OECD’s that was issued yesterday. Moreover,...

Swiss Franc The Euro has risen by 0.64% to 1.0898 . FX Rates Overview: The modest loss in the S&P 500 and NASDAQ yesterday did not signal the end of the bull run. All the markets in the Asia Pacific region rallied, with the Hang Seng among the strongest with a 1.6% advance that brought the week’s gain to around 7.8%. South Korea’s Kospi was not far behind with a weekly gain of 7.5%. In the past two weeks, the MSCI Asia Pacific Index is up nearly 10%.  European...

Swiss Franc The Euro has risen by 0.42% to 1.0791 EUR/CHF and USD/CHF, June 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Two recent trends continue. Equities are moving higher, and the dollar remains heavy. Equity markets in the Asia Pacific region rose at least one percent, and South Korea, Singapore, and Malaysia rallied 2-3%. Europe’s Dow Jones Stoxx 600 is up more than 1% for the third consecutive...