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

AD

XE Market Analysis: Europe - Dec 03, 2019

By: XE Market Analysis

The dollar has consolidated losses seen yesterday following the unexpected four-consecutive month of contraction in the November ISM manufacturing report out of the U.S. A side theme has been Australian dollar outperformance, while most of the other main currencies have traded neutrally so far today. Read more

XE Market Analysis: Asia - Dec 02, 2019

By: XE Market Analysis

Weak manufacturing ISM and construction spending conspired against the Dollar and Wall Street in N.Y. on Monday,taking the DXY to eight session lows of 97.82 from 98.38 into the open. The data, along with talk of the imposition of U.S. tariffs on Brasil and Argentina dented sentiment, while hopes for a phase one trade deal ebb and flow depending on the day. Read more

XE Market Analysis: North America - Dec 02, 2019

By: XE Market Analysis

The dollar has traded mixed, gaining on the yen, which continued to underperform, posting fractional gains versus the euro and sterling, the latter of which was suppressed by the latest political polling ahead of the UK's upcoming general election, while losing ground to the Australian and New Zealand dollars, which have outperformed so far today. Read more

XE Market Analysis: Europe - Dec 02, 2019

By: XE Market Analysis

The yen softened amid a cautious risk-on theme in markets, which lifted stock markets in Asia moderately. While concerns remain about progress in U.S.-China trade talks ahead of a December-15 deadline for a tariff hike, with U.S. legislation on Hong Kong human rights souring relations, Chinese manufacturing PMI surveys came in better than expected. Read more

XE Market Analysis: Asia - Nov 29, 2019

By: XE Market Analysis

FX trade was very light on Friday, with many traders taking the day after Thanksgiving off. There was no data to drive prices, though the Dollar was mostly lower overall. The DXY pulled back from levels last seen on October 15, printing 98.54 early, before easing to 98.23 into the London close. Read more

XE Market Analysis: North America - Nov 29, 2019

By: XE Market Analysis

The dollar majors have remained without direction in light trading conditions. European stock markets found a footing today, but global stock markets have overall been in sputtering mode on concerns that the souring in U.S.-China relations over Hong Kong (where fresh large pro-democracy demonstrations are reportedly being planned for the weekend) will make trade-deal making harder, seven-weeks after the "phase-1" deal in principle was announced. Read more

XE Market Analysis: Europe - Nov 29, 2019

By: XE Market Analysis

The main currencies have continued to trade without directional vigour and in low volumes. U.S. markets will be returning only for a half day today, which will keep volumes down after the Thanksgiving holiday yesterday (a so-called bridge weekend for many). Read more

XE Market Analysis: Asia - Nov 28, 2019

By: XE Market Analysis

The dollar bloc currencies traded softer as a flare up in U.S.-China relations spoilt markets appetite for risk. The yen also steadied above lows while global stock markets stalled after Beijing threatened as yet unspecified "firm counter measures" in response to President Trump's signing of the Hong Kong Human Rights bill. Read more

XE Market Analysis: North America - Nov 28, 2019

By: XE Market Analysis

The dollar majors have been holding narrow ranges, though the pound still managed to carve out a fresh high against the dollar following a bellwether opinion poll showing PM Johnson's Conservative party is on track to win the upcoming UK general election with a "sizeable" majority. Read more

XE Market Analysis: Europe - Nov 28, 2019

By: XE Market Analysis

The pound has rallied to six-month highs against both the euro and yen, while printing a one-week high in the case against the dollar. The UK currency was given a boost by a much-watched poll, released late evening (UK time) yesterday, showing the Conservatives to be on course to win a working majority at the general election in two weeks. Read more

Pages

Paste link in email or IM