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

AD

Error message

Notice: unserialize(): Error at offset 40 of 40 bytes in variable_initialize() (line 1204 of /var/www/community/webroot/community/includes/bootstrap.inc).

XE Market Analysis: Asia - Dec 23, 2020

By: XE Market Analysis

The Dollar fell through the morning session in N.Y. on Wednesday, which saw the DXY fall from 90.58 highs early in the session to 90.16 after the last of the heavy data slate was released. Friday's U.S. reports were disappointing overall, and the mix of weaker income, consumption and home sales weighed on the USD. Read more

XE Market Analysis: North America - Dec 23, 2020

By: XE Market Analysis

The euro has been heavy, edging out a five-day low against the pound, and a two-day low versus the yen while nearing yesterday's low in the case against the dollar. The common currency has been a popular long against the dollar in recent weeks, and prevailing weakness may be reflecting some late hedging of positions ahead of the Christmas and New Year holiday period. Read more

XE Market Analysis: Europe - Dec 23, 2020

By: XE Market Analysis

The euro has been heavy, edging out a five-day low against the pound, and a two-day low versus the yen while nearing yesterday's low in the case against the dollar. The common currency has been a popular long against the dollar in recent weeks, and prevailing weakness may be reflecting some late hedging of positions ahead of the Christmas and New Year holiday period. Read more

XE Market Analysis: Asia - Dec 22, 2020

By: XE Market Analysis

The Dollar moved broadly higher in N.Y. on Tuesday, taking the DXY from 90.04 lows at the open to 90.70 in late morning. The risk backdrop remained a bit soggy, as threats of further Covid lockdowns kept Wall Street capped, despite the passing the the $900 bln U.S. Read more

XE Market Analysis: North America - Dec 22, 2020

By: XE Market Analysis

The dollar has traded moderately firmer, and the pound has drifted lower, though the U.S. currency has remained comfortably below its Monday highs while the UK currency has remained well off the lows it saw yesterday. News that the EU has rejected the UK's latest offer on fishing (which was a 35% reduction in the EU's fishing quota from UK waters following a five-year transition period) weighed on the pound. Read more

XE Market Analysis: Europe - Dec 22, 2020

By: XE Market Analysis

The dollar has traded moderately firmer, though has remained off highs seen during yesterday's whippy price action. The combo of market-jolting news and thin year-end markets exacerbated the strong up-then-down price action that the dollar experienced yesterday, with the currency having now settled at moderately firmer levels. Read more

XE Market Analysis: Asia - Dec 21, 2020

By: XE Market Analysis

The DXY rallied to seven-session highs of 91.01 overnight, with safe-haven buying supporting the Dollar following reports of a new, more transmissible strain of Covid in the U.K., which prompted widespread lockdowns there, and a rush to less risky assets. Read more

XE Market Analysis: North America - Dec 21, 2020

By: XE Market Analysis

A sharp decline in the pound and a correction in the reflation trade, which has seen the dollar and yen rebound while cyclical currencies, including the dollar bloc, underperform, have characterized and unusually active Monday session, especially one that comes at the beginning of Christmas week. Read more

XE Market Analysis: Europe - Dec 21, 2020

By: XE Market Analysis

A sharp decline in the pound and a correction in the reflation trade, which has seen the dollar and yen rebound while cyclical currencies, including the dollar bloc, underperform, have characterized and unusually active Monday session, especially one that comes at the beginning of Christmas week. Read more

XE Market Analysis: Asia - Dec 18, 2020

By: XE Market Analysis

The Dollar ended the week on a firmer footing, after having a pretty tough week overall. The DXY bounced from 89.83 seen at the open, to a high of 90.13 in late morning. USD short covering was the likely driver of the move, as positions were pared into the weekend, and the Christmas shortened week next week. Read more

Pages

Paste link in email or IM