Tag Archive: EUR/CHF and USD/CHF

FX Daily, June 18: Politics and Economics Weigh on European Currencies

2018-06-18

The US dollar is rising against most of the major and emerging market currencies. The prospects of escalating trade tensions and the divergence of policy that was confirmed by the major central banks are disrupting the markets. Norway's central bank meets later this week.

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FX Daily, June 14: Dollar Punished Ahead of ECB

2018-06-14

by Marc Chandler

2018-06-14

The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve. In fact, the inability of the greenback to hold on to the gains scored in the initial reaction to the Fed's hike, optimism on the economy, and the signal of hikes in September and December, foretold today's push lower.

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FX Daily, June 13: Dollar Edges Higher Ahead of FOMC

2018-06-13

by Marc Chandler

2018-06-13

The US dollar is trading firmly as the FOMC decision looms. In many ways, the actionable outcome of this meeting has hardly been in doubt this year. By all accounts, the Fed will deliver its second hike of the year today.

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FX Daily, June 12: US-Korea Summit Fails to Impress Investors

2018-06-12

by Marc Chandler

2018-06-12

The US dollar initially rallied in early Asia ahead of the US-North Korea summit but has subsequently shed the gains and more. As North American dealers return to their desks, the dollar is lower against nearly all the major currencies, but the yen and Canadian dollar.

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FX Daily, May 31: Don’t Confuse Calmer Markets with Resolution

2018-05-31

by Marc Chandler

2018-05-31

The global capital markets that were in panic mode on Tuesday stabilized yesterday, and corrective forces have carried into today's activity. However, the underlying issues in Italy and Spain are hardly clarified in the past 48 hours. Moreover, the US push on trade is intensifying again.

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FX Daily, May 23: Dollar and Yen Surge, European Data Disappoints

2018-05-23

by Marc Chandler

2018-05-23

The US dollar has extended its gains against most of the major currencies. Momentum, positioning, and divergence continue to drive it. The euro briefly traded a little below $1.17, an important technical area and has enjoyed a bounce in late morning turnover in Europe.

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FX Daily, February 08: Dollar Firms, While Equities Search for Stability

2018-02-08

by Marc Chandler

2018-02-08

The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the MSCI Emerging Markets Index is off nearly as much, though the range was modest. European markets are also lower, and the range for the Dow Jones Stoxx 600 is the smallest in more than a week.

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FX Daily, November 15: Dollar Slides

2017-11-15

by Marc Chandler

2017-11-15

The euro and yen are extending their gains, casting a pall over the US dollar. The euro is extending its advance into a sixth consecutive session, which is the longest streak since May. It is approaching last month's highs in the $1.1860-$1.1880 area. As was the case yesterday, a consolidative tone in Asia was followed by strong buying in the European morning. There does not appear to be a fresh fundamental driver.

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FX Daily, August 24: Greenback Firmer in Becalmed Markets

2017-08-24

by Marc Chandler

2017-08-24

The US dollar is enjoying a firmer tone in quiet. Sterling is stabilizing after grinding down to its lowest level since late June. The Mexican peso, which had dropped in thin trading in Asia and Europe yesterday following Trump's threat to exit NAFTA and force Congress to fund the Wall or face a government shutdown recovered fully and is now slightly higher on the week.

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