Tag Archive: Swiss Franc Index

FX Weekly Review, September 12 – 16: U.S. Dollar Resilience Despite Hawkish ECB and bad ISM

The dollar was surprisingly strong this week. This despite a more hawkish ECB, bad U.S. economic data in the ISM surveys.

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FX Weekly Review, September 05 – September 09: Dollar Proves Resilient as Market Rates Rise

It took the market a few days to overcome the shockingly poor non-manufacturing ISM (51.4 vs. 55.5). However, by the end of the week, the US dollar bulls had regained the upper end.

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FX Weekly Review, August 29 – September 2: Disappointing Jobs Data Doesn’t Break the Buck

During this week the Swiss Franc index lost against both dollar and euro. The CHF index ended one percent down. Despite not convincing US jobs, the dollar index ended in positive territory.

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FX Weekly Review, August 22 – August 26: Swiss Franc Loses Most Gains Again

After winning 5% against the dollar index last week, the Swiss Franc index lost 3% again. CHF lost against both USD and EUR. Reason: An increased probability of a rate hike in the U.S.

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FX Weekly Review, August 15 – August 19: Swiss Franc index improves 5% compared to dollar index

The US dollar lost ground against nearly all the major currencies last week. The sole exceptions were the Australian dollar, where Moody's decision to cut the outlook for five Australian banks wiped out the previous small gain. The Swiss Franc index gained nearly 5% compared to the dollar index.

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FX Weekly Review, August 08 – August 12: Finally an Improvement of the CHF Index

The CHF index experienced its first good week since many weeks, when we compare it against the dollar index. On a three years interval, the Swiss Franc had a weak performance.

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FX Weekly Review, August 01 – August 05: Does the Jobs Report Give the Greenback Legs?

The robust US employment report before the weekend allowed the dollar to recoup the losses it experienced earlier in the week against most of the major currencies. The Australian dollar and Japanese yen managed to hold onto minor gains for the week.

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FX Weekly Review, July 25 – July 29: Dollar Hobbled; Technicals Warn of More Losses

The US dollar advance was stopped in its tracks by the disappointingly weak Q2 GDP figures. The 1.2% annualized growth rate was roughly half of the pace expected. The FOMC statement earlier in the week did not leave the impression that a September hike was likely, and with the poor growth numbers, the odds were downgraded further.

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FX Weekly Review, July 18 – July 22: Will the FOMC Halt the Dollar’s Advance?

The US dollar gained against all the major currencies over the past week. It also rose against many emerging market currencies. A notable exception was the Chinese yuan.

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FX Weekly Review, July 11 – July 15: It is not About the Dollar, but About Other Currencies

Our weekly review of currency movements, with focus on the Swiss franc. This week: The US dollar is easily the most traded currency, and despite the plethora of other currencies, it is on one side of nearly 90% of all trades. Yet the movement in the foreign exchange market presently is not so much driven by the dollar as it is by other currencies.

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FX Weekly Review, July 04 – July 08: Further SNB Interventions, Good Dollar Week

In the Brexit month, the Swiss franc index clearly underperformed the dollar index. The major reason is that the dollar is seen as a better safe-haven than the Swiss Franc, possibly because Swiss sales are affected more when British demand falls.

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Swiss Franc Trade-Weighted Index, Performance Far Worse than Dollar Index

On a three years interval, the Swiss Franc had a weak performance. The dollar index was far stronger. Contrary to popular believe, the CHF index gained only 1.73% in 2015. It lost 9.52% in 2014, when the dollar strongly improved.

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FX Weekly Review: June 27 – July 01: Swiss Franc Strength Reversed

Week after Brexit.: The Swiss franc (-0.3%) and the yen (-0.5%) were the worst performers, as so-called safe haven buying was reversed. But the Swiss Franc index is still stronger in the last month than the dollar index.

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