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XE Market Analysis: Asia - Oct 21, 2014

By: XE Market Analysis

The dollar was again firmer versus the major European currencies in N.Y. trade on Tuesday, as the euro lost ground on reports the ECB may begin to buy corporate bonds. The Reuters report was downplayed by the FT, though EUR-USD spent the session slipping slowly lower, touching 1.2717 lows, after opening near 1.2775. Read more

XE Market Analysis: North America - Oct 21, 2014

By: XE Market Analysis

EUR-USD took a dive on a report about the ECB, which is apparently preparing to buy corporate bonds, according to a Reuters "exclusive" that states that a program could be implemented early next year (see report). The news saw EUR-USD dive to the 1.2760 area after trading as high as 1.2840 earlier. Read more

XE Market Analysis: Europe - Oct 21, 2014

By: XE Market Analysis

The dollar has traded mostly softer with USD-JPY sinking as Japanese stocks correcting nearly half of yesterday's 4% surge and the AUD lifting on an encouraging set of China data, which included an uptick in Q3 GDP to 7.3% and solid readings on production, investment, output, offsetting a slight shortfall on retail sales in September. Read more

XE Market Analysis: Asia - Oct 20, 2014

By: XE Market Analysis

FX trade was relatively quiet in N.Y. on Monday, with a lack of U.S. data to drive the dollar. Overall, the USD was mixed, losing modest ground to the European majors, as it moved sideways versus the ten, and advancing against the CAD. Yields were steady, while Wall Street moved higher, though the DJIA underperformed as a result of Dow-component IBM selling off sharply on missed earnings. Read more

XE Market Analysis: North America - Oct 20, 2014

By: XE Market Analysis

The dollar arrived at noon in Europe at near net-unchanged levels against most currencies. USD-JPY was an exception amid a bout of general yen weakness in Tokyo trade. Japan's Nikkei surged nearly 4% on news that Japan's Government Pension Investment Fund is rising the ratio of domestic stocks to 25% from 12% (plus or mines six percentage points). Read more

XE Market Analysis: Europe - Oct 20, 2014

By: XE Market Analysis

The dollar was mostly firmer, led by USD-JPY amid yen underperformance, though the greenback lost ground to the AUD and NZD, which picked up amid a bullish equity market session in Asia. Japan's Nikkei surged nearly 4% on news that Japan's Government Pension Investment Fund is rising the ratio of domestic stocks to 25% from 12% (plus or mines six percentage points). Read more

XE Market Analysis: Asia - Oct 19, 2014

By: XE Market Analysis

The dollar traded higher through the morning session, as yields and equities rallied, and as housing starts and Michigan sentiment came in better than forecast. EUR-USD trade under 1.2740, down from session highs near 1.2830, while USD-JPY peaked at 106.78, up from 106.30 lows. Read more

International Economic Preview For the Week of October 20-24

By: HaleStewart

     Looking at the economic indicator calendar, here are the news releases that will be disproportionately important in the coming week. Read more

Weekly indicators: the world may be cliff-diving but the US is just fine, thank you, edition

By: New_Deal_democrat

Monthly data for September included increases in housing permits and starts.  Industrial production rose sharply.  Consumer sentiment improved.  Producer prices fell slightly.  Retail sales declined (but only took back half of August's steep +.6% rise. Read more

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