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XE Market Analysis: Europe - Apr 01, 2021

By: XE Market Analysis

The Australian dollar led a correction in the dollar bloc currencies today, while most dollar pairings and cross rates saw relatively narrow ranges. Markets have been thinning out somewhat following the passing of month- and quarter-end yesterday, and into public holidays that will be seen in many Asian countries tomorrow, and in Australia, New Zealand, and Europe. Read more

XE Market Analysis: Asia - Mar 31, 2021

By: XE Market Analysis

After hitting fresh near five-month highs overnight, the DXY lost some ground through the London morning session, and in N.Y. morning trade. The Dollar index fell from 93.44 to 92.99 lows in late morning. Profit taking appeared to be a motive, despite mostly better data. Read more

XE Market Analysis: North America - Mar 31, 2021

By: XE Market Analysis

The dollar posted fresh highs against the euro and yen before correcting somewhat. U.S. Treasury yields at mid- to longer-dated maturities remained underpinned, albeit off yesterday's 14-month peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days, before ebbing back to levels near 93.10. Read more

XE Market Analysis: Europe - Mar 31, 2021

By: XE Market Analysis

The dollar has remained underpinned, as have mid- to longer-dated Treasury yields, albeit off yesterday's peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days. EUR-USD concurrently posted a five-month low at 1.1704, while USD-JPY clocked a new one-year high at 110.96. Read more

XE Market Analysis: Asia - Mar 30, 2021

By: XE Market Analysis

The Dollar was higher in N.Y. trade on Tuesday, taking the DXY to near five-month highs of 93.35, up from overnight lows of 92.90. Surging Treasury yields early in the session supported the USD, while a sharp increase in U.S. consumer confidence helped Dollar sentiment as well. Read more

XE Market Analysis: North America - Mar 30, 2021

By: XE Market Analysis

The dollar rallied to a near five-month high on the measure of the narrow trade-weighted DXY index. The high is 93.17, with the DXY rising above 93.0 today for the first time since the first week of last November. The dollar's gains was concomitant with a vault higher in mid- to longer-dated Treasury yields, with the 10-year note yield rising over 5 bp from yesterday in testing the 1.770% level for the first time since January 2020. Read more

XE Market Analysis: Europe - Mar 30, 2021

By: XE Market Analysis

The dollar rallied to a near five-month high on the measure of the narrow trade-weighted DXY index. The high is 93.02, with the DXY rising above 93.0 for the first time since the first week of last November. The dollar's gains was concomitant with a vault higher in mid- to longer-dated Treasury yields, with the 10-year note yield rising nearly 4 bp from yesterday in testing the 1.760% level for the first time since January 2020. Read more

XE Market Analysis: Asia - Mar 29, 2021

By: XE Market Analysis

The Dollar firmed up modestly through the N.Y. morning session on Monday, taking the DXY from early lows of 92.72 to a 92.96 high, to levels last seen in November of last year. Aside from the Dallas Fed index, which came in better than expected, there was no data. Read more

XE Market Analysis: North America - Mar 29, 2021

By: XE Market Analysis

The dollar remained firm, matching the near five-month high that was seen last were at 92.92 by the measure of the DXY index. EUR-USD concurrently reversed Friday's gain in posting a low at 1.1763, which is just 2 pips shy of the near five-month high that was seen last Thursday. Read more

XE Market Analysis: Asia - Mar 26, 2021

By: XE Market Analysis

The Dollar mostly took a breather on Friday following three-straight sessions of gains. Profit taking was a feature following mixed incoming data, with USD-JPY being the exception, as it posted fresh nine-month high of 109.85 on the back of risk-on conditions and firmer Treasury yields. Read more

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