Tag Archive: GBP/CHF

FX Daily, February 21: Dollar Bounces Back

Some profit-taking in the middle of last week pushed the dollar lower and gave rise in some quarters that the run was over. However, the greenback has come back the bid. It is gaining against all the major currencies today and most of the emerging...

FX Daily, February 09: Dollar Bounce in Asia is Sold in the European Morning

The US dollar is firmer against most of the major currencies in fairly quiet Asian turnover, but is seeing those gains pared in early Europe. The highlights include the RBNZ meeting that left rates on hold, as widely expected. The concern about the...

FX Daily, February 08: EUR/CHF down to 1.630, Swiss Boom Starting?

The reader might have seen the latest Swiss Consumer Sentiment and the UBS consumption indicator. They suggest that the Swiss boom phase should finally come. I anticipated the boom already in my slides for the CFA Society. The Swiss boom was postponed...

FX Daily, January 27: Week Ending on Mixed Note as Year of Rooster Begins

The Lunar New Year celebration thinned participation in Asia, where several centers are closed. Although the MSCI Asia Pacific Index slipped slightly, it rose 1.5% on the week, the fourth weekly gain in the past five weeks. The Nikkei advanced 0.35%,...

FX Daily, January 24: UK Supreme Court Requires May to Submit Bill on Brexit to Parliament

As widely expected, the UK Supreme Court ruled that Parliament approval is needed to trigger Article 50 start the divorce proceedings with the EU. The Court decided by an 8-3 majority that a bill needs to be submitted to both chambers, but that the...

FX Daily, January 20: Trump Day

The dollar peaked against the yuan two days after the Federal Reserve hiked interest rates in the middle of last month. We argue that that is when the market correction began, not at the turn of the calendar. Despite claims that China's currency is...

FX Daily, January 19: Dollar Gives Back Most of Yellen-Inspired Gains

While the US 10-year yield is unchanged, the dollar is consolidating its gains against the yen in a relatively narrow range of about half a big figure below JPY115.00. It has seen its gains pared more against the euro and sterling, where most of...

FX Daily, January 06: Dollar Consolidates Losses, Peso Firms while Yuan Reverses

I am reading a lot about the pound in 2017 which is likely to be as volatile as in 2016. But the Franc is a harder beast to predict. Loosely tracking the euro but subject to its own rules and trends GBPCHF could be an interesting pair to watch in 2017....

FX Daily, December 22: Mixed Dollar amid Light News as Investors Move to Sidelines

GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity...

FX Daily, December 14: Markets Quietly Edge into FOMC Meeting

The Pound is entering mid-December in the same fashion it begun the month after having a very strong November as well. After being buoyed by Donald Trump’s victory and the High Courts ruling that parliamentary approval is needed before invoking Article...

FX Daily, December 07: Greenback is Broadly Steady While Sterling Slides

The US dollar is little changed against most of the major currencies. Sterling is the notable exception, losing about 0.75% to trade at three-day lows. It was on the defensive in early European turnover but got the run pulled from beneath by the...

FX Daily, December 01: Dollar is on the Defensive, though Yields Rise

The US dollar is trading heavily against most of the major currencies, but the general tone appears consolidative in nature. Despite a disappointing UK manufacturing PMI (53.4, a four-month low), sterling is near a three-week high above $1.2600.

Brexit Minister Sends Sterling Higher

UK could pay for single market access. UK's position still seems fluid. The Supreme Court will hear the government's appeal next week.

FX Daily, November 30: Renewed OPEC Hopes and Month End Featured

Rates for buying Swiss Francs dollars remain incredibly subdued post Brexit but there has been a general improvement over the last month. Rates for the moment appear to have found support over 1.24 for GBP CHF and this has largely come about following...

FX Daily, November 23: Dollar Sees Flat Consolidation while the Equity Advance Fizzles in Europe

The US dollar is trading inside yesterday's ranges against the euro and yen. The dollar's tone matches the consolidation in the debt market ahead of today's slew of US data and tomorrow's holiday. Tokyo markets were on holiday.

FX Daily, November 22: Bonds and Stocks Rally, Leaving Greenback to Meander

The US dollar entered a consolidative phase yesterday, and this carried into today's activity.While the foreign exchange market is sidelined as the two-week trend slows, the stocks and bonds are posting strong gains today. Equities are being led by...

FX Daily, November 17: Consolidation Gives Dollar Heavier Tone

The US dollar is trading with a heavier bias today as its recent run is consolidated. The euro is trying to snap the eight-day slide that brought it to nearly $1.0665 yesterday, the lows for the year. It is almost as if participant saw the proximity of...

FX Daily, November 15: Investors Catch Breath, Markets Consolidate

After a dramatic run since the US election, the capital markets are consolidating today. It is a bit too restrained to such a Turn Around Tuesday is unfolding. The euro is struggling to sustain corrective upticks through $1.08, and after a pullback...

FX Daily, November 10: US Dollar, Equities, and Commodities Firmer as Reflation Trade Takes Hold

GBP/CHF rates spiked by almost two cents during Wednesday’s trading, providing those clients holding Sterling with some of the best rates they’ve seen in the past few weeks. This move came following confirmation that Donald Trump had won the race for...

FX Daily, November 03: Political Angst Drives Markets

GBP/CHF rates are trading below 1.20 on the exchange, providing those clients holding CHF with some of the best rates they’ve seen in the past six years. The Pounds woes have been well documented but with a key day of economic data releases ahead, is...
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