Denmark Is Not Switzerland
Marc Chandler - Seeking Alpha - Wed Feb 11, 7:25AM CST
In order to help deflect some pressure, Denmark had suspended the issuance of long-term debt. This has the effect of driving down interest rates further. It is misleading to suggest this is a form of quantitative easing, which means increasing the...
FXE: 112.16 (-0.15), FXF: 104.56 (-0.56)
German Greek Standoff Dulls Forex
Dean Popplewell - Seeking Alpha - Wed Feb 11, 6:39AM CST
By Dean Popplewell It’s not much of a surprise to see the various asset classes treading water this morning as investors await on a couple of crunch meetings on the future of financial aid to Greece. The Greek drama continues to unfold as...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
The King Of Pain
Eric Parnell, CFA - at Seeking Alpha - Wed Feb 11, 3:01AM CST
XLB: 51.44 (+0.43), USO: 19.62 (+0.44), WMT: 85.81 (-0.08), XLU: 45.17 (-0.70), UUP: 24.91 (-0.01), EEM: 40.67 (+0.46), SPY: 209.78 (+0.86), GLD: 117.98 (+0.64), XLK: 42.65 (+0.27), COST: 147.10 (-0.66), EFA: 63.82 (+0.42), XLI: 57.17 (+0.26), IWM: 121.53 (+0.72), VNQ: 85.06 (-0.57), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), JJC: 31.11 (+0.06), JJA: 40.54 (+0.51)
CHF Week 7, 2015 Preparation
FX Analyst - at Seeking Alpha - Tue Feb 10, 7:32AM CST
FXF: 104.56 (-0.56)
Greek Clarity Required For Next Euro Move
Dean Popplewell - Seeking Alpha - Tue Feb 10, 6:18AM CST
By Dean Popplewell The forex market becomes more difficult to endure when “the” obvious trade is the only trade and when the appetite for that particular currency is no more, at least temporarily. Currently, the market has its fill of...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
Where Will The Swiss Franc Go Next?
Andrew Sachais - at Seeking Alpha - Mon Feb 09, 2:50PM CST
FXF: 104.56 (-0.56)
Stressed Euro, Slow China And Growing U.S. Cause FX Problems
Dean Popplewell - Seeking Alpha - Mon Feb 09, 6:32AM CST
By Dean Popplewell This week is expected to be light on the US indicator front, but notable consumer sector numbers will be announced. After last Friday’s better-than-expected employment report, traders will be looking to see if the...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
The Swiss Franc Shock Increases Uncertainty And Reduces Confidence In Switzerland
Dr. Duru - at Seeking Alpha - Sun Feb 08, 1:12AM CST
FXE: 112.16 (-0.15), FXF: 104.56 (-0.56)
Dollar Bulls Reclaim The Whip Hand
Marc Chandler - at Seeking Alpha - Sat Feb 07, 11:44PM CST
The US dollar's consolidative phase appears to have ended with the January employment report. Employment growth accelerated, and average hourly earnings rebounded. There was a 10-11 bp increase in both short- and long-term interest rates. The...
USO: 19.62 (+0.44), SPY: 209.78 (+0.86), DIG: 57.30 (+2.23), FXA: 77.69 (+0.23), OIL: 12.01 (+0.34), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), TLT: 128.19 (-1.33), UUP: 24.91 (-0.01)
Swiss economy faces weak growth in 2015
Seeking Alpha - at Seeking Alpha - Sat Feb 07, 1:11PM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), FXF: 104.56 (-0.56), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), DRR: 55.92 (-0.18)
Swiss National Bank Policy And Its Implications For Currencies, Assets And Central Banking
Colin Lloyd - Seeking Alpha - Fri Feb 06, 2:25PM CST
On Thursday, 15th January, the Swiss National Bank (SNB) finally, and unexpectedly, threw in the towel and ceased its foreign exchange intervention to maintain a pegged rate of EURCHF 1.20. The cap was introduced in September 2011 after a 28%...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Swiss Franc Euro Peg Decoupling Fallout
The Nattering Naybob - at Seeking Alpha - Fri Feb 06, 1:37PM CST
CS: 23.65 (+0.23), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), EWL: 32.82 (+0.02)
Currency Wars
Comstock Partners - at Seeking Alpha - Fri Feb 06, 3:28AM CST
As our viewers know, we have been sounding the alarm about the deflationary process that is playing out in the world's equity, bond and currency markets for quite some time. Because of the activity by central banks in major and more recently in...
JYN: 48.15 (unch), ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXY: 81.87 (+0.09), UUPT: 29.68 (-0.04), EUO: 24.16 (+0.03), USDU: 27.70 (unch), UUP: 24.91 (-0.01), YCL: 14.33 (+0.04), YCS: 87.47 (-0.07), FXE: 112.16 (-0.15), UDN: 22.76 (+0.03), FXF: 104.56 (-0.56), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), FORX: 44.02 (+0.09), UDNT: 10.42 (-0.02), DRR: 55.92 (-0.18)
ETFs For An Ongoing Stimulus Bubble
Gary Gordon - Seeking Alpha - Thu Feb 05, 3:46PM CST
Canada, India, Turkey, Australia, China and Denmark. What do all of these countries have in common? The central bank of each nation has eased monetary policy to stimulate respective economies in 2015. What's more, none of these actions had been...
HEDJ: 61.99 (+0.12), TLH: 136.86 (-0.66), EWG: 29.19 (-0.01), VGK: 54.96 (+0.18), FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), EWL: 32.82 (+0.02), UUP: 24.91 (-0.01), DBAP: 27.23 (-0.20), HEWG: 26.41 (+0.01)
EUR/USD Bad For Europe Good For Euro
Dean Popplewell - Seeking Alpha - Thu Feb 05, 7:30AM CST
By Alfonso Esparza The Greek goodwill tour by prime minister Alexis Tsipras and finance minister Yanis Varoufakis was met with a stonewall after visiting Frankfurt. Although the meeting with German finance minister Wolfgang Schauble went about as...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
EUR/USD Gets Greek Confidence Boost
Dean Popplewell - Seeking Alpha - Wed Feb 04, 6:40AM CST
By Alfonso Esparza The USD continues to struggle after last week’s lower than expected fourth quarter gross domestic product (GDP) figure. Softer data out of the U.S. combined with an optimistic outcome from Greek debt negotiations...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
The Swiss 10-Year Bond Illustrates Central Banks' Flawed Monetary Policy
EconMatters - Seeking Alpha - Wed Feb 04, 1:57AM CST
Negative 15 Basis Points Switzerland's 10-Year Bond Yield is now negative 15 basis points, yeah that's right, we don't even have to bring up the notion of inflation and real rates of return. The actual 10 year bond for Switzerland is charging...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Central Bank Rate Cut Race In Full Force
Dean Popplewell - Seeking Alpha - Tue Feb 03, 7:33AM CST
By Dean Popplewell Previously a covert, but now blatant, open and aggressive central bank monetary policy war is well underway. Over the past few weeks a plethora of central banks from Denmark to New Delhi, to down-under have been contributing to...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
The Swiss Franc Shock Drives Currency 'Relief Efforts' Across Many Borders
Dr. Duru - at Seeking Alpha - Tue Feb 03, 12:58AM CST
FXA: 77.69 (+0.23), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56)
Trying To Wrap Your Head Around The SNB And Denmark?
Marc Chandler - Seeking Alpha - Mon Feb 02, 12:37PM CST
When the Swiss National Bank lifted its cap on the franc, many thought they understood the message. It had reached the end of its rope. Some suggested the ownership structure of the SNB (owned by the Swiss cantons and individuals vs. the stock...
FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UUP: 24.91 (-0.01)