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XE Market Analysis: Europe - Jul 03, 2020

By: XE Market Analysis

Little change on the forex front, with the main dollar pairings and crosses holding within their respective Thursday ranges. The dollar itself consolidated its post-payrolls gains, while stock markets in Asia-Pacific extended the rally in global asset markets following the affirmation of a solid employment rebound in the U.S. Read more

XE Market Analysis: Asia - Jul 02, 2020

By: XE Market Analysis

The Dollar was choppy in N.Y. on Thursday, though ultimately ended up slightly on the session overall. It was a busy U.S. data day, headlined by the June employment report which saw non-farm payrolls surge 4.800 mln. Initial claims were somewhat disappointing, though factory orders surged more than expected. Read more

XE Market Analysis: North America - Jul 02, 2020

By: XE Market Analysis

The dollar and yen have taken a rotation lower as global stock markets rose on hopes about a vaccine for the coronavirus. Pfizer and Germany's BioNTech, developing one of the 150-plus candidate vaccines, reporting good results in early-stage human trials. Read more

XE Market Analysis: Europe - Jul 02, 2020

By: XE Market Analysis

The dollar and yen have traded moderately softer against most other currencies. USD-JPY has settled in the low-to-mid 107.00s after dropping back from the three-week high that was seen early yesterday. Other yen crosses, including the risk-sensitive AUD-JPY cross, have seen a similar price action, with the yen losing haven demand as global stock markets stage a tentative rebound on hopes about a vaccine for the coronavirus. Read more

XE Market Analysis: North America - Jul 01, 2020

By: XE Market Analysis

The dollar has been trading neutrally while the yen has firmed up after initially posting fresh lows amid a bout of selling at the Tokyo fixing today. The yen's demand was safe haven related, being concomitant with a backdrop of flagging stock markets in the Asia-Pacific region. Read more

XE Market Analysis: Europe - Jul 01, 2020

By: XE Market Analysis

The dollar has been trading neutrally while the yen has firmed up after initially posting fresh lows amid a bout of selling at the Tokyo fixing today. The yen's demand was safe haven related, being concomitant with a backdrop of flagging stock markets in the Asia-Pacific region. Read more

XE Market Analysis: Asia - Jun 30, 2020

By: XE Market Analysis

The DXY printed a near one-month high of 97.80 early in the N.Y. session on Tuesday, before spending much of the morning session pulling back to 97.23 before steadying. Incoming data was mixed, revealing a weaker than consensus Chicago PMI, and a better consumer confidence outcome. Read more

XE Market Analysis: North America - Jun 30, 2020

By: XE Market Analysis

The dollar has traded modestly firmer, although ranges have been fairly narrow so far today. European stock markets sputtered, as S&P 500 futures, while Asian stock markets gained moderately. Pandemic-related nervousness about the global economic outlook continues to vie with incoming May and June data that are mostly showing a strong rebound from the April lockdown nadir. Read more

XE Market Analysis: Europe - Jun 30, 2020

By: XE Market Analysis

The dollar has traded modestly firmer, although most pairings have remained within their respective Monday ranges so far today. S&P 500 futures ebbed back, while Asian stock markets gained moderately. Pandemic-related nervousness about the global economic outlook continues to view with incoming May and June data that are mostly showing a strong rebound from the April lockdown nadir. Read more

XE Market Analysis: Asia - Jun 29, 2020

By: XE Market Analysis

The Dollar was mostly higher in N.Y. trade on Monday, supported by much better than expected pending home sales and Dallas Fed index outcomes. The DXY rallied to 97.64 from opening lows of 97.13. Wall Street was sharply higher, despite ongoing virus concerns, buoyed by the data, and renewed hopes for a V-shaped economic recovery. Read more

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