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

AD

XE Market Analysis: North America - Jul 16, 2019

By: XE Market Analysis

The Dollar has remained buoyant, posting fresh highs versus the Euro, Sterling and some other currencies. This comes amid some position readjusting with markets bracing for an incoming tide of Q2 corporate earnings results and a hefty slate of U.S. data releases this week, which will collectively paint an updated picture of the impact that trade protectionism has been having. Read more

XE Market Analysis: Europe - Jul 16, 2019

By: XE Market Analysis

The main Dollar pairings have been trading in narrow ranges, of less than 15 pips for the most part, and less than 25 pips in the case of USD-JPY. AUD-USD drifted modestly lower following the release of the RBA minutes from the early July policy meeting, which affirmed the Board's dovish bias. Read more

XE Market Analysis: Asia - Jul 15, 2019

By: XE Market Analysis

The Dollar moved modestly higher in N.Y. trade on Monday, taking the DXY to highs of 96.97 from 96.75 lows seen into the open. The index remains well under last week's July high of 97.59. A better than expected Empire State index helped USD sentiment to a degree, prompting some short covering from Friday's one-week low. Read more

XE Market Analysis: North America - Jul 15, 2019

By: XE Market Analysis

The Dollar has been consolidating declines seen during the latter half of last week. EUR-USD has been holding a narrow range near the 1.1275 mark, holding comfortably above last Tuesday's four-week low at 1.1193. USD-JPY has been trading on either side of 108.00 in quiet conditions with Japanese markets were closed for a public holiday today. Read more

XE Market Analysis: Europe - Jul 15, 2019

By: XE Market Analysis

The Australian Dollar ticked higher following a net encouraging catch of data out of China today. This drove AUD-USD to a 12-day high at 0.7035. The NZD also lifted, with both currencies having China proxy status. The data showed Q2 GDP slowing to a 27-year low of 6.2%, as expected, while industrial output and retail sales numbers beat forecasts, suggesting that the Chinese economy is stabilizing. Read more

XE Market Analysis: Asia - Jul 12, 2019

By: XE Market Analysis

The Dollar peaked early in the N.Y. session on Friday, reacting positively to the slightly warmer U.S. PPI outcome. From there, the USD turned modestly lower, taking the DXY from 97.08 to 96.84. Wall Street moved higher again, with major indices printing all-time highs. Read more

XE Market Analysis: The US Dollar Chills After Choppy Week

By: xemarketanalysis

OVERVIEW The greenback is trading flat across the board with a bias for safe-haven currencies USD/CAD takes a breather before a challenge on the 1.30 mark Read more

XE Market Analysis: North America - Jul 12, 2019

By: XE Market Analysis

The USD picked up bids during the London AM session after posting intraday lows in pre-Europe trading. EUR-USD ebbed to the 1.1255 area, down from the intraday high at 1.1275, leaving yesterday's eight-day high at 1.1285 unchallenged. Above-forecast May Eurozone production data had only a fleeting impact on EUR-USD, though the Euro ground out gains against most other currencies. Read more

XE Market Analysis: Europe - Jul 12, 2019

By: XE Market Analysis

The USD traded softer heading into the London interbank open, retracing from of the gains seen yesterday following a near 10 bp spike in the 10-year U.S. T-note yield, which touched a one-month high at 2.143%. This came as the S&P 500 and DJIA hit record highs. Read more

XE Market Analysis: Asia - Jul 11, 2019

By: XE Market Analysis

The Dollar posted modest gains in N.Y. on Thursday, after being beaten lower on Wednesday by Fed chair Powell's dovish testimony. A warmer than expected U.S. CPI outcome brought USD buyers back into the fray, taking the DXY to 97.14 highs, up from 96.80 lows at the open. Read more

Pages

Paste link in email or IM