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

AD

XE Market Analysis: Asia - Jul 20, 2018

By: XE Market Analysis

The Dollar was fairly steady in the London morning session, but that changed in a hurry following a Trump tweet again talking down rates and the dollar, accusing China and the EU of currency manipulation. The Greenback then tumbled broadly, taking EUR-USD to 1.1738 highs from pre-open levels of 1.1650. Read more

XE Market Analysis: Thou Shalt Not Stir the Pot Again, Mr. President

By: xemarketanalysis

OVERVIEW US Dollar Index shot down by comments and putting at risk Fed’s independence. Currency war brewing with Chinese Yuan falling to its lowest level in more than a year. WTI is trading a touch below $70 a barrel, up 55 cents on the day. HIGHLIGHT Whilst the overnight selloff of the Greenback has captured the headlines, the Indian Rupee fell to a fresh record low against the USD. Read more

XE Market Analysis: North America - Jul 20, 2018

By: XE Market Analysis

The Dollar reached the early European PM session at near net unchanged levels, consolidation the declines that were seen in the wake of President Trump voicing his displeasure at the prospect of higher interest rates. Trump's verbal intervention, if that's what it was, has thrown a spanner in the works of many Dollar-bullish prognostications. Read more

XE Market Analysis: Europe - Jul 20, 2018

By: XE Market Analysis

The Dollar has been trading with a softer bias after President Trump said yesterday that he was "not thrilled" with higher interest rates while venting at the weaker Yuan, even though the remarks that were subsequently walked back some by a White House official. Read more

XE Market Analysis: Asia - Jul 19, 2018

By: XE Market Analysis

After a relatively quiet morning session, the Dollar took a hit on Trump headlines that came from a CNBC preview of an interview with him that will be released in its entirety tomorrow. In it Trump said that while he values the independence of the Fed, he must say that he's not pleased with rates going up every time we make some progress on the economy. Read more

XE Market Analysis: Chinese Yuan and US Dollar Respond to Tariffs on Chinese Exports

By: xemarketanalysis

OVERVIEW USD strengthens across the board. European equities are lower. GBP/USD is at 10-month lows. HIGHLIGHT China's central bank announced plans to weaken the Yuan as a means of stimulus in response to US tariffs imposed on Chinese exports. Read more

XE Market Analysis: North America - Jul 19, 2018

By: XE Market Analysis

The Dollar rose for at third consecutive day, tracking a rise in U.S. Treasury yields. The USD index (DXY) lifted by nearly 0.5% in making a fresh three-week high at 95.50. EUR-USD printed a 17-day low at 1.1595, and Cable clocked a 10-month low of 1.2985, aided by weak retail sales data out of the UK (even though there were one-off factors at play). Read more

XE Market Analysis: Europe - Jul 19, 2018

By: XE Market Analysis

The Dollar has mostly traded in narrow ranges so far today, consolidating at softer levels after coming off highs yesterday. The Australian Dollar rallied on a stronger than expected Australian jobs report, which showed employment rising 50.9k in June from an upwardly revised 13.4k gain in the month prior. Read more

XE Market Analysis: Sterling Plummets to a Multi-Month Low

By: xemarketanalysis

OVERVIEW The Pound slid to a 10-month low against the US Dollar today. Dollar Index hits two weeks high on positive tone from Powell. US 2-year treasury yields hit decade highs of 2.62%. HIGHLIGHT The Pound continues to struggle in general as the political instability and lack of increasing yield hounds the Sterling. Read more

Pages

Paste link in email or IM