Home > XE Currency Blog

AD

International Week In Review: The Absence Of Bad News Is A Minor Victory Edition

By: HaleStewart

The week before this, it seemed as though the bottom was beginning to drop out of the financial markets. Equities, which are the most visible financial market, sold off sharply and bonds rallied. News stories of the sell-off increased, adding to the overall intensity. Read more

XE Market Analysis: Asia - Oct 24, 2014

By: XE Market Analysis

FX trade was relatively quiet in N.Y. on Friday, with the dollar losing ground to the European majors, while posting modest gains against the yen and the CAD. The only data point was new home sales, which were revised down in August, and barely improved in September from there. Read more

XE Market Analysis: North America - Oct 24, 2014

By: XE Market Analysis

Reports of a first Ebola case in New York city spooked equity markets and underpinned core sovereign bond prices but had limited evident impact in currency markets. EUR-USD was trading at near net unchanged levels on the day, at 1.2648 bid in early PM trade in Europe. Read more

XE Market Analysis: Europe - Oct 24, 2014

By: XE Market Analysis

EUR-USD has lifted on German confidence data, which provided an unexpected upside surprise out of the Eurozone for a second day in a row following yesterday's jump in PMI data. Rare good news for the euro, which has breached the Asia high at 1.2661 against the dollar after opening in London at 1.2654. Read more

XE Market Analysis: Asia - Oct 23, 2014

By: XE Market Analysis

The dollar was relatively steady in N.Y. trade on Thursday, posting modest gains versus the euro early on, before fading back in the afternoon. The pairing ranged between 1.2630 and 1.2672 through the session. USD-JPY caught a bid from a surging Wall Street, and firmer yields, taking the pairing to 108.30 highs. Read more

Lack Of Inflationary Pressures Caused By Global, Not Country Level, Forces

By: HaleStewart

There has been a tremendous amount of disussion over the last month on the topic of inflation. It started with a Bloomberg article that focused on the economists who signed an open letter to Bernanke arguing that QE would lead to inflation. In another article, Bloomberg asked these signatories to defend their call. Read more

XE Market Analysis: North America - Oct 23, 2014

By: XE Market Analysis

The dollar has traded mixed, making a 10-day peak against the yen at 107.64 after the BoJ auctioned debt at a negative yield for the first time on record, but losing ground to the euro, which firmed on an unexpected rise in the flash October Eurozone PMI estimate. Read more

XE Market Analysis: Europe - Oct 23, 2014

By: XE Market Analysis

The dollar traded marginally firmer for the most part. EUR-USD edged out a nine-day low of 1.2632, which is 15 pips below yesterday's low, and USD-JPY firmed to a peak of 107.35, two pips shy of yesterday's peak. A bout of yen selling was seen after the BoJ auctioned debt at a negative yield for the first time. Read more

XE Market Analysis: Asia - Oct 22, 2014

By: XE Market Analysis

The dollar was mixed in N.Y. trade on Wednesday, gaining ground against the euro, CHF and yen, while stumbling against the euro, and losing ground to the CAD following a not-so-dovish BoC policy statement. Talk of the ECB's plan to buy corporate bonds kept pressure on the euro, while USD-JPY held over 107 after U.S. Read more

Pages

Paste link in email or IM