Home > XE Currency Blog > XE Currency Blog - Market Analysis & Forex News

AD

XE Market Analysis: North America - Nov 21, 2019

By: XE Market Analysis

A moderate risk-back-on tone replaced what had been a moderate risk-off theme in global markets. This saw the yen pare gains seen during the Tokyo session, inversely tracking a down-then-up price action in global equity market direction. A WSJ report, citing sources, that Beijing has proposed to the U.S. Read more

XE Market Analysis: Europe - Nov 21, 2019

By: XE Market Analysis

The yen edged out fresh highs before paring these gains against the dollar and dollar bloc currencies, with net directional change among the main currencies overall registering as minimal as the London interbank session got under way. USD-JPY posted a one-week low at 108.27 before recouping to near net unchanged levels above 108.50. Read more

XE Market Analysis: Asia - Nov 20, 2019

By: XE Market Analysis

The Dollar was mixed in N.Y. on Wednesday, though largely range bound. There was no incoming data to drive the market, though a Reuters report indicated the so-called "Phase one" trade agreement between the U.S. and China, may not happen this year. This sent stocks and yields lower. Read more

XE Market Analysis: North America - Nov 20, 2019

By: XE Market Analysis

Risk-positioning has been underpinning the yen and the dollar. The biggest movers have been AUD-JPY and CAD-JPY, with respective daily losses of nearly 0.4%. Most developing-nation currencies were also showing declines. One standout mover has been the Canadian dollar, which has declined by about 1% from yesterday's lows against the U.S. Read more

XE Market Analysis: Europe - Nov 20, 2019

By: XE Market Analysis

The dollar and yen have firmed up amid a risk-off turn in global markets as tensions between the U.S. and China bubble up. The U.S. Senate yesterday passed a bill in support of Hong Kong's pro-democracy protestors, to which Beijing responded sharply, accusing Washington of being ignorant of "facts and truths" while threatening retaliation for interfering what it sees as its internal affairs. Read more

XE Market Analysis: Asia - Nov 19, 2019

By: XE Market Analysis

The Dollar was range bound in N.Y. trade on Tuesday, leaving the DXY inside of Monday's trading band. Incoming data was light, and an about as expected housing starts outcome had little impact on the markets. Risk off conditions prevailed, resulting in lower stocks and yields. Read more

XE Market Analysis: North America - Nov 19, 2019

By: XE Market Analysis

The dollar traded without direction, on net, while the yen weakened moderately during the London morning, concomitantly with rising equity markets in Europe. The Japanese currency still remained above recent lows, having firmed yesterday in the wake of the CNBC report yesterday citing Chinese government sources saying that Beijing is pessimistic about reaching a deal with the U.S. Read more

XE Market Analysis: Europe - Nov 19, 2019

By: XE Market Analysis

The dollar has remained heavy against most of the other main currencies, although above the lows seen yesterday after CNBC reported that Beijing is pessimistic about reaching a deal with the U.S. One exception was the Australian dollar, with AUD-USD posting a four-day low at 0.6774 after the minutes to the RBA's early November meeting that it "agreed a case could be made" for another cut in the 0.75% cash rate given unwelcome weakness in wages growth and inflation. Read more

XE Market Analysis: Asia - Nov 18, 2019

By: XE Market Analysis

The Dollar fell in N.Y. trade on Monday, taking the DXY at two-week lows of 97.68, down from 97.96 highs seen at the open. There was little in the way of data to move the FX market, though reports that China may be having second thoughts on a trade deal knocked the Dollar, Treasury yields, and equities lower. Read more

Pages

Paste link in email or IM