Swiss Franc is regaining some strength in early European session after solid economic data. Swiss retail sales jumped sharply by 7.5% yoy in May, comparing to -0.2% yoy fall in April. SVME PMI also unexpectedly rose to 59.2 in May, comparing to consensus of a fall to 57.5. The recovery ...

Canadian dollar maintains gain in early US session after BoC left rates unchanged, and with help from rise in crude oil prices. BoC kept the overnight target rate at 1.00% as widely expected, with bank rate and deposit rates unchanged at 1.25% and 0.75% respectively. The bank noted that "global ...

Swiss Franc is notably lower against Euro after EU finance ministers leader said yesterday that EU has ruled out a "total restructuring" of Greece's debts. The inspection team is expected to complete a review on Greece's implementation of bailout requirements and EU will then formulate a plan for additional aids ...

The Kiwi jumps to new record high against dollar at 0.8214 earlier today after New Zealand reported strong export numbers. Exports rose 17% yoy to a new high of NZD 4.7b in April while imports also rose 7.2% to NZD 3.5b. The net NZD 1.1b surplus was the largest ever ...

Swiss franc was the clearly the biggest winner last week as it jumped to new record highs against dollar, euro and sterling. The swissy was supported by safe haven flows, SNB expectations as well as solid economic data. New Zealand dollar was the second biggest winner on report of Chinese ...