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

AD

XE Market Analysis: Europe - Jan 22, 2014

By: XE Market Analysis

The most notable move since the London close yesterday has been the AUD, which spike sharply following Australian CPI that came in double market expectations at +0.8% q/q in Q4. AUD-USD surged nearly 100 pips in making 0.8873 before settling around 0.8860-70. Read more

Australia's Employment Problems Are Mounting

By: HaleStewart

Earlier this month, the Australian employment report published a big miss, sending the Australian dollar lower. However, a deeper look into the relevant statistics indicates the Australian employment picture is dimming and has been doing so for a bit longer than admitted. Let’s start with a look at the overall employment change. Read more

XE Market Analysis: Asia - Jan 21, 2014

By: XE Market Analysis

The dollar weakened some through the morning session, as yields slipped back a touch, and as equities quickly lost their pre-opening gains. There was no U.S. data on tap on Tuesday. EUR-USD started near 1.3530, and made its way to 1.3569 highs. USD-JPY did not fare well either, falling from 104.70 to 104.03 lows. Read more

XE Market Analysis: North America - Jan 21, 2014

By: XE Market Analysis

The dollar has remained generally bid, and data disappointments in Germany and the U.K. aided the greenback's case against the euro and sterling, while the yen also came under particularly pressure amid a risk-on backdrop following China's injection of funds into money markets today. Read more

XE Market Analysis: Europe - Jan 21, 2014

By: XE Market Analysis

The JPY underperformed and the AUD outperformed amid a risk-on sentiment in broader asset markets in Asia today in reaction to news that PBoC injected liquidity into the interbank lending market today. USD-JPY rallied about 50 pips to a peak of 104.69 as the yen weakened across-the-board, as is its usual bias during risk-on phases. Read more

XE Market Analysis: Europe - Jan 20, 2014

By: XE Market Analysis

The yen posted moderate gains today in pre-European Asian trade. USD-JPY dipped to a six-day low of 103.86 before recovering to the 104.10-15 area. EUR-JPY and other yen crosses saw pretty much the exact same price action. EUR-JPY logged a low of 140.32, which was the lowest traded since Dec-6, before recovering to the 104.90s. Read more

XE Market Analysis: Asia - Jan 20, 2014

By: XE Market Analysis

EUR-USD recovered from the an eight-week of 1.3507 seen during the Asia session on Monday, triggering buy stops through 1.3540-50 and making an intraday peak of 1.3566. The speculative market had built up net short exposure (indicated by ONDA analytics at about 60% short versus 40% long), so a rebound in Monday's subdued market seemed natural enough. Read more

XE Market Analysis: North America - Jan 20, 2014

By: XE Market Analysis

EUR-USD recovered after making an eight-week of 1.3507 low in Asia, triggering buy stops through 1.3540-50 and making an intraday peak of 1.3551. The speculative market had built up net short exposure (indicated by ONDA analytics at about 60% short versus 40% long), so a rebound in today's subdued market seems natural enough. Read more

Weekly Indicators: I'm blaming the polar vortex edition

By: New_Deal_democrat

In monthly news for December, industrial production and capacity utilization rose. Housing permits and starts fell, and had their lowest YoY increase in over 2 years. Consumer sentiment also fell. Retail sales rose, but after adjusting for inflation, real sales actually declined slightly. Read more

International Week in Review: Inflation Still a Non-Threat

By: HaleStewart

Last week, the biggest news was the continued lack of global inflationary pressures. The US’ core PPI was 1.4% Y/Y while the core CPI printed at 1.7% for the same period. Germany’s WPI was .4% M/M, Italy’s was .2% M/M and .7% Y/Y while Spain’s was .3% Y/Y. Read more

Pages

Paste link in email or IM