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

AD

XE Market Analysis: Europe - Apr 25, 2019

By: XE Market Analysis

The Dollar has consolidated after running higher yesterday. The narrow trade-weighted USD index settled under the 22-month high printed at 98.19, while EUR-USD concurrently settled around 1.1150, above the 22-month low seen yesterday at 1.1140.USD-JPY retreated back under 112.0 after yesterday running to a four-month high at 112.40. Read more

XE Market Analysis: Asia - Apr 24, 2019

By: XE Market Analysis

The Dollar index vaulted to near two-year highs in N.Y. on Wednesday, taking the DXY over the 98.00 mark for the first time since mid-May of 2017. Cool Australia CPI, weak German Ifo data, and a dovish tilting BoC all contributed to the Greenback's strength. Read more

XE Market Analysis: Brexit Forces Its Way Back into Focus

By: xemarketanalysis

OVERVIEW The pound slumped to a two month low as the UK Parliament returned Euro wanes against competing currencies on dismal Consumer Confidence survey US dollar strong on continued optimism about trade talks with China HIGHLIGHT The pound slumped to a two month low as the UK Parliament came back from their Easter holidays. Read more

XE Market Analysis: North America - Apr 24, 2019

By: XE Market Analysis

The Dollar has remained buoyant, posting a new two-month high versus the Pound, a seven-week peak against the Canadian Dollar, and a six-week high in the case against the Australian Dollar, which dove 1% against most currencies following weaker than expected CPI data out of Australia, which catalysed expectations for the RBA to cut interest rates as soon as its May-7 meeting. Read more

XE Market Analysis: Europe - Apr 24, 2019

By: XE Market Analysis

The Dollar is trading at modestly lower levels relative to the London interbank close last Thursday, which marked the close of liquid forex trading last week. Markets will be returning to full force today following the Easter holiday period. EUR-USD has settled near 1.1250, up from the two-week low seen last Thursday at 1.1226, which was seen following disappointing preliminary PMI data out of the Eurozone. Read more

XE Market Analysis: Asia - Apr 23, 2019

By: XE Market Analysis

The Dollar was higher in N.Y. on Tuesday, taking the DXY to a 22-month top of 97.78. Incoming U.S. data was mixed, though the firmer new home sales print helped the Greenback overall. Risk-on conditions following better U.S. earnings reports also supported, and took the S&P 500 above all-time closing highs. Read more

XE Market Analysis: Europe - Apr 23, 2019

By: XE Market Analysis

The Dollar is trading at modestly lower levels relative to the London interbank close last Thursday, which marked the close of liquid forex trading last week. Markets will be returning to full force today following the Easter holiday period. EUR-USD has settled near 1.1250, up from the two-week low seen last Thursday at 1.1226, which was seen following disappointing preliminary PMI data out of the Eurozone. Read more

XE Market Analysis: Asia - Apr 22, 2019

By: XE Market Analysis

The Dollar index lost modest ground in very light trade in N.Y. on Monday. Europe remained on holiday for the Easter break, contributing to the sluggish session. The DXY slipped marginally to 97.27 from 96.36 early in the session. Incoming data was light, and featured March existing home sales, which were softer than expected. Read more

XE Market Analysis: Asia - Apr 18, 2019

By: XE Market Analysis

The Dollar firmed in N.Y. trade on Thursday, taking the DXY to two-week highs of 97.48. Strong retail sales and trend low jobless claims supported the Greenback, following weaker EU PMI figures ahead of the open, which weighed on the Euro. EUR-USD touched 1.1227 lows, levels last seen on April 8. Read more

Pages

Paste link in email or IM