Tag Archives: CHF
Mid-Day FX Market Analysis
USD: The Dollar has extended yesterday’s huge post-FOMC reversal with a sizable upside follow-through this morning,
SNB holds rate
Swiss National Bank decided to keep the 3-month libor target rate at record low of 0.00 to 0.25 percent in June,
The Global Macro Pulse
Overnight Price Action All Asian equity markets have fallen following the 1.4% fall in the S&P 500 overnight and a weaker than expected HSBC China flash PMI.
FX Daily Strategist: Europe
FOMC pushes the restart button on USD rally USD is sharply higher across the board after the FOMC policy announcement, moving in tandem with US yields,
Mid-Day FX Market Analysis
USD: The Dollar was able to bounce back from a new 4-month low and post a modest gain this morning,
FX G10/EM Morning Trader Views
EUR – Definitely didn’t move as expected yesterday as eur defied general bullish USD in g10 and eur x’s rallied hard to topside led by eurjpy/eurgbp.
Global FX Strategy – A new paradigm?
EURUSD has of late also been supported by higher peripheral bond yields, which attracts investors to EUR assets,
Mid-Day FX Market Analysis
USD: The Dollar is posting moderate losses this morning, although the market has survived an overnight retest of yesterday’s new low for the move.
Rates on hold and flatter rate path from Norges Bank
The message from Norges Bank has been just as volatile as the import-weighted NOK index over the past year with hawkish and dovish comments swiftly changing.
FX G10/EM Morning Trader Views
EUR – Quiet in the main yesterday although remains firm on a 1.33 handle as we approach FED tomorrow – ZEW out later this morning could possibly add some volatility to eur,
Mid-Day FX Market Analysis
USD: The Dollar has been fairly subdued to start out this new trading week, but was able to grind out a modest gain coming into this morning’s session.
Pre SNB: Remaining sidelined
At its June meeting we expect the SNB Governing Board to: • Retain its monetary policy stance