Results for $CHF
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Dollar Starts New Week on Firm Note

February 11, 2019
Overview:  Lifted by the re-opening of Chinese markets after the week-long Lunar New Year holiday, global equities are trading firmer.  Outside of Japanese markets that were closed, the large markets in Asia--China, Taiwan, South Korea, and Hong Kong advanced.  European bourses are following suit, and the Dow Jones Stoxx 600 is up more than three-…
Dollar Starts New Week on Firm Note Dollar Starts New Week on Firm Note Reviewed by Marc Chandler on February 11, 2019 Rating: 5
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Is the Trend Your Friend or Fade the Break?

February 03, 2019
A basic but essential judgment short-term participants must make is whether a particular market is trending or rangebound.  It informs the technical tools one uses and the tactics one employs. Often one's timeframe shapes one's answer.  The dollar has either approached or gone through what previously seemed like the lower end of a range.�…
Is the Trend Your Friend or Fade the Break? Is the Trend Your Friend or Fade the Break?  Reviewed by Marc Chandler on February 03, 2019 Rating: 5
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Reluctant to Extend Dollar Losses

November 29, 2018
Overview:  The biggest US equity advance since Q1 has helped lift global markets today.  The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable exception of China and Hong Kong.  Almost all the sectors in Europe are rallying but energy and real estate. US oil inventories rose thre…
Reluctant to Extend Dollar Losses Reluctant to Extend Dollar Losses Reviewed by Marc Chandler on November 29, 2018 Rating: 5
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Greenback is Softer but the Market may be Getting Ahead of Itself

November 26, 2018
Overview:  Global equities paid no mind to the losses seen in the US before the weekend.  After falling for three weeks, Asian equities rallied, led by a recovery in technology.  The Hang Seng set the pace with a 1.7% gain, but Taiwan, Korea, and Singapore markets were up over 1%.  The two exceptions were Chinese mainland markets and Australia, wh…
Greenback is Softer but the Market may be Getting Ahead of Itself Greenback is Softer but the Market may be Getting Ahead of Itself Reviewed by Marc Chandler on November 26, 2018 Rating: 5
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Movement but Little Change

September 20, 2018
Norges Bank:  As widely expected, Norway hiked rate for the first time since 2011.  Paradoxically, it was seen as a dovish hike.  The rate path was lower than many expected.  The next hike is seen in Q1 2019.   The krone was sold, and it is the only major currency that is not gaining against the US dollar today.    With the dollar near NOK8.21, th…
Movement but Little Change Movement but Little Change Reviewed by Marc Chandler on September 20, 2018 Rating: 5
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Dollar Slips, though Emerging Markets Trade Heavily

September 17, 2018
The US dollar is beginning the new week on a soft note, as China threatens not to accept the invitation for trade talks in Washington if the US imposes new tariffs on $200 bln of its goods, which the Wall Street Journal reports could come as early as today.   Meanwhile, the MSCI Emerging Markets Index is giving back half of the 2.5% rally seen in …
Dollar Slips, though Emerging Markets Trade Heavily Dollar Slips, though Emerging Markets Trade Heavily Reviewed by Marc Chandler on September 17, 2018 Rating: 5
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Initial Extension of Euro and Sterling Losses Stall

September 10, 2018
The US dollar's pre-weekend gains were extended against most the major currencies, but the euro, sterling, and Australian dollar have recovered in the European morning.  Emerging markets currencies are mixed.  
The Indian rupee is the weakest(of the emerging market currencies (~-0.8%) following the widening of the Q2 current account deficit at …
Initial Extension of Euro and Sterling Losses Stall Initial Extension of Euro and Sterling Losses Stall Reviewed by Marc Chandler on September 10, 2018 Rating: 5
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Testing the Dollar's Breakout

August 12, 2018
The US dollar surged last week, with the Dollar Index rising 1.25%, the most since April.  The dollar is being boosted by two drivers.  The first is the policy mix and interest rate divergence.  The other is the intensification of pressure on emerging market.  Turkey has a disastrous combination of more fundamentals, large short-term foreign curre…
Testing the Dollar's Breakout Testing the Dollar's Breakout Reviewed by Marc Chandler on August 12, 2018 Rating: 5
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Dollar Driven Higher

June 21, 2018
The half-hearted and shallow attempts by the currencies to recover appear to be emboldening the dollar bulls today,  The greenback is higher against all major and emerging market currencies today.  Demand for dollars is strong enough to offset the broader risk-off environment that is pulling stocks and core yields lower that is usually supportive …
Dollar Driven Higher Dollar Driven Higher Reviewed by Marc Chandler on June 21, 2018 Rating: 5
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Ironic Twists to End the Tumultuous Week

June 01, 2018
The week is ending quite a bit different than it began.  The main banking concern is not in Italy but in German, where shares in Deutsche Bank shares fell to a record low yesterday, and S&P Global cut its credit rating one step to BBB+ (third-lowest investment grade). 
The political angst is not focused on Rome but Madrid, where Rajoy lost a vo…
Ironic Twists to End the Tumultuous Week Ironic Twists to End the Tumultuous Week Reviewed by Marc Chandler on June 01, 2018 Rating: 5
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Dollar and Yen Surge, European Data Disappoints

May 23, 2018
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. There is a 707 mln euro option struck there that expires today and  1.1 bn eu…
Dollar and Yen Surge, European Data Disappoints Dollar and Yen Surge, European Data Disappoints Reviewed by Marc Chandler on May 23, 2018 Rating: 5
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