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

AD

XE Market Analysis: Europe - Sep 02, 2020

By: XE Market Analysis

Narrow ranges have been prevailing among the main currencies so far today. The dollar managed to lift modestly, recovering slightly from the trend lows of yesterday. EUR-USD ebbed to a two-day low at 1.1885, extending a correction from Tuesday's 28-month peak at 1.2012. Read more

XE Market Analysis: Asia - Sep 01, 2020

By: XE Market Analysis

The DXY hit new 28-month lows of 91.75 during the overnight session, opening in N.Y. 91.85. The Dollar then rose modestly on short covering interest, then advanced to session highs following the better then expected August manufacturing ISM. The Dollar index hit a top of 92.38 following the data. Read more

XE Market Analysis: North America - Sep 01, 2020

By: XE Market Analysis

The dollar weakening trend has continued. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.75, a level last seen in April 2018. Bearishness about the U.S. currency abounds, especially in the wake of Fed's lower-for-longer regime shift on interest rates. Read more

XE Market Analysis: Europe - Sep 01, 2020

By: XE Market Analysis

The dollar weakening theme continued into the London interbank open today. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.78, a level last seen in April 2018. The dollar, by this measure, is down by nearly 11% from the near four-year high that was seen back in March. Read more

XE Market Analysis: Asia - Aug 31, 2020

By: XE Market Analysis

The DXY printed fresh 28-month lows of 92.01 in N.Y. trade on Monday. Dollar bears have been the winners of late, following the Fed's shift in inflation policy, which should keep U.S. rates near zero for the foreseeable future, and keep the USD under pressure. Read more

XE Market Analysis: North America - Aug 31, 2020

By: XE Market Analysis

The dollar posted fresh trend lows against some currencies. The framework regime shift at the Fed, announced by Chairman Powell last week, effectively reaffirmed the dollar softening trend, concomitantly with shorter dated inflation-adjusted Treasury yields posting fresh lows. Read more

XE Market Analysis: Europe - Aug 31, 2020

By: XE Market Analysis

The dollar posted fresh lows during the pre-Europe session in Asia-Pacific markets. The framework regime shift at the Fed, announced by Chairman Powell last week, effectively reaffirmed the dollar softening trend, concomitantly with shorter dated inflation-adjusted Treasury yields posting fresh lows. Read more

XE Market Analysis: Asia - Aug 28, 2020

By: XE Market Analysis

The DXY bounced modestly in N.Y. on Friday, after coming under pressure overnight, hitting an eight-session low of 92.20 early in the day. The Dollar's move lower apparently came as the market has determined that the Fed's new inflation policy will keep interest rates low for even longer, which should continue to keep the USD under pressure. Read more

XE Market Analysis: North America - Aug 28, 2020

By: XE Market Analysis

The dollar's weakening bias reimposed as the lows seen in the immediate wake of Fed Chair Powell's announcement of a framework regime change (lower interest rates for longer as a consequence of more tolerance on inflation risks) were surpassed during the London morning. Read more

XE Market Analysis: Europe - Aug 28, 2020

By: XE Market Analysis

The dollar has ebbed back toward the lows seen in the immediate wake of Fed Chair Powell's historic announcement of a shift in its monetary policy strategy, moving to an average inflation target. The narrow trade-weighted USD index (DXY) has receded to a 92.60 low, swinging the post-Powell low at 92.44 back into scope while extending the correction from yesterday's 93.30 rebound high. Read more

Pages

Paste link in email or IM