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

AD

XE Market Analysis: North America - Feb 06, 2020

By: XE Market Analysis

The yen posted fresh lows versus the dollar and Australian dollar, among some other currencies, as global stock markets continued to rally at an accelerated pace. China announced it will halve tariffs on some U.S. imports, in accordance with the phase-1 trade deal. Read more

XE Market Analysis: Europe - Feb 06, 2020

By: XE Market Analysis

The yen posted fresh lows versus the dollar and Australian dollar, among some other currencies, as global stock markets continued to rally at an accelerated pace. China announced it will halve tariffs on some U.S. imports, in accordance with the phase-1 trade deal. Read more

XE Market Analysis: Asia - Feb 05, 2020

By: XE Market Analysis

A strong ADP employment report supported the Dollar through the N.Y. session on Wednesday, taking the DXY to two-month highs of 98.29 from 97.91 overnight lows. A better than expected services ISM added to the USD's bid tone. Wall Street and Treasury yields moved higher as well. Read more

XE Market Analysis: North America - Feb 05, 2020

By: XE Market Analysis

The dollar has traded mixed while the yen has softened against most currencies amid a backdrop of rallying global stock markets. USD-JPY printed a two-week high at 109.72, extending the rebound from the four-week low seen last Friday at 108.30. The prevailing dominant view is that the coronavirus and its impact will be temporary while the stimulus efforts by China will have a positive impact. Read more

XE Market Analysis: Europe - Feb 05, 2020

By: XE Market Analysis

The main currencies have been trading in narrow ranges amid a backdrop of cautious bullishness in global markets (on the view that the coronavirus and its impact will be temporary while the stimulus efforts by China will have a positive impact), though some Asian currencies have continued to tumble. Read more

XE Market Analysis: Asia - Feb 04, 2020

By: XE Market Analysis

The Dollar headed mostly higher in N.Y. trade on Tuesday. The DXY touched four-session peak of 98.00. Incoming data had better than expected factory orders, which gave the USD a modest boost. Risk-on conditions prevailed, with Wall Street rallying sharply following gains in China equities, which came following the second day of PBoC stimulus injections. Read more

XE Market Analysis: North America - Feb 04, 2020

By: XE Market Analysis

USD-JPY lifted to a two-day high at 109.13 amid a backdrop of rebounding global equity markets, which has seen some of the yen's safe haven premium unwind. Stimulus efforts by Beijing, coupled with widespread efforts to stem the contagion of the coronavirus have been feeding a revival in investor spirits. Read more

XE Market Analysis: Europe - Feb 04, 2020

By: XE Market Analysis

The dollar has traded mostly firmer and the yen mostly softer amid a backdrop of rebounding global equity markets. China's CSI equity index managed a 2.6% gain, recouping about a third of the steep, post-holiday losses seen yesterday. European and U.S. Read more

XE Market Analysis: Asia - Feb 03, 2020

By: XE Market Analysis

The Dollar was a bit higher in N.Y. trade on Monday, helped by a much better than expected January manufacturing ISM report. The headline rose above the 50.0 boom/bust line for the first time in five months. Stocks and yields were higher on the session, despite ongoing coronavirus fears. Read more

XE Market Analysis: North America - Feb 03, 2020

By: XE Market Analysis

The yen steadied today after a phase of outperformance amid the backdrop of risk aversion in global markets. Chinese markets reopened from their one-week-plus hiatus and stock markets there duly dove in catch-up trading. The CSI 300 finished with a 7.9% loss, while the MSCI Asia-Pacific index declined by 0.9% in what is now an eighth consecutive day of losses and reaching two-month lows. Read more

Pages

Paste link in email or IM