Home > XE Currency Blog > XE Currency Blog - Market Analysis & Forex News
All quiet on the forex front, with the dollar majors and associated crosses rates plying narrow ranges so far. More of the same looks likely in the absence of U.S. market participants today. EUR-USD edged out a 25-day low at 1.1082 after breaching Friday's low at 1.1085. Read more
The dollar has seen modest weakness in quiet early-week trading. Volumes are likely to remain on the low side today with U.S. markets closed for the Martin Luther King holiday. Stock markets in Asian remained buoyant after bellwether indices in the U.S. Read more
The Dollar rallied some to end the week in N.Y. on Friday, taking the DXY to highs of 2020. The index topped at 97.65, levels last seen on December 26. Incoming data saw housing starts rise sharply, while industrial production was a bit lighter than consensus, and U. Read more
The yen posted fresh lows once again as risk appetite continued to course through global markets. The MSCI all-country world equity index touched fresh record highs, even though Chinese markets sputtered somewhat. An above-forecast 6.9% y/y rise in China's industrial production helped maintain the risk-on times, which followed a solid round of U.S. Read more
The yen posted fresh lows once again as risk appetite continue to course through global markets. The MSCI all-country world equity index touched fresh record highs earlier, even though Chinese markets have sputtered somewhat and momentum appears to have waned a little. Read more
The Dollar gained in N.Y. trade on Thursday, supported by better than expected incoming U.S. data. Retail sales, jobless claims, and the Philly Fed index all beat consensus forecasts. Wall Street surged to fresh record highs, while Treasury yields edged higher. Read more
Both the dollar and yen traded softer versus most other currencies, particularly against the Swiss franc. Equity markets have turned somewhat flat after the MSCI all-country world index edged out a fresh record following the signing of the phase-1 trade deal between the U.S. Read more
Narrow ranges have prevailed so far today, with the dollar consolidating after edging lower in recent sessions following the misses in December jobs and CPI data out of the U.S. EUR-USD plied a narrow range under the eight-day high seen yesterday at 1.1163. Read more
The DXY fell to six-session lows of 97.16, down from overnight lows of 97.44. Cooler U.S. PPI numbers weighed on the USD, though narrow trading ranges were again the rule through the session. The signing of the phase one U.S./China trade deal supported risk-on conditions, which pushed Wall Street to fresh record highs. Read more
