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

AD

XE Market Analysis: North America - Sep 05, 2019

By: XE Market Analysis

The Pound surfed a wave of Brexit relief as the odds for a no-deal Brexit ebb back some in light of political developments in the UK. Cable was a little off its highs heading into the New York interbank open, but still showing a 0.7% on the day, and was up over 3% from the major-trend lows that were seen on Tuesday. Read more

XE Market Analysis: Europe - Sep 05, 2019

By: XE Market Analysis

The Australian Dollar posted a one-month high at 0.6825 against the U.S. buck, benefiting from a backdrop of rallying stock markets in Asia. News that the U.S. and China announced that they would resume trade negotiations early next month sparked a fresh round of risk-on positioning, which helped lift both the Aussie and New Zealand Dollars, both being proxies of China. Read more

XE Market Analysis: Asia - Sep 04, 2019

By: XE Market Analysis

The Dollar fell in Europe, and moved lower still through the U.S. session on Wednesday, taking the DXY to 98.46 lows from mid-morning highs of 98.68 . Risk-on conditions returned fallowing some calm in Hong Kong, once the government's extradition bill was pulled, and after a better China services PMI. Read more

XE Market Analysis: Patient Bank of Canada is Poised to Deliver A Halloween Rate Cut

By: xemarketanalysis

OVERVIEW Bank of Canada holds rates at 1.75 for now, teeing up a Hallowe'en rate cut treat next month The Brexit rollercoaster continues, as PM Johnson's attempts to prorogue parliament failed, and it seems the UK is headed for a snap October 15th Election The US Dollar is bearish following a weak ISM PMI report HIGHLIGHT The Bank of Canada lived up to expectations with by holding the overnight interest rate at 1.75%. Read more

XE Market Analysis: North America - Sep 04, 2019

By: XE Market Analysis

The Dollar has traded most softer, although making gains against an underperforming Yen, while the Pound continued to charge higher, extending the rebound from yesterday that was sparked by news that opposition and Tory party rebel members of parliament had successfully wrested control of the House of Common's agenda, paving the way for a vote later today on a bill that would stop a no-deal from happening on October 31. Read more

XE Market Analysis: Europe - Sep 04, 2019

By: XE Market Analysis

A risk-back-on sentiment has weighed on the Yen and underpinned the Australian Dollar, with the AUD-JPY cross consequently heading into the London interbank open with gains of over 0.5%. USD-JPY lifted to around 106.20-25 from sub-106.00 levels, while AUD-USD rallied to a nine-day peak at 0.6783. Read more

XE Market Analysis: Asia - Sep 03, 2019

By: XE Market Analysis

After rallying to two-plus year highs, the Dollar index pulled back in N.Y. on Tuesday. After peaking at 99.37, the DXY fell back to 98.93 lows in the aftermath of a weaker U.S. manufacturing ISM outcome. the IS headed to contraction territory under the 50.0 mark for the first time in over three-years. Read more

XE Market Analysis: Fasten Your Seat Belts, Sharp Brexit Curves Ahead

By: xemarketanalysis

OVERVIEW The Dollar Index starts the final month of Q3 strongly, up 0.4% against the major currencies. British Pound crashes below the key 1.2000 handle, as MPs return to Parliament. Read more

XE Market Analysis: North America - Sep 03, 2019

By: XE Market Analysis

The Dollar has remained buoyant, which has seen the narrow trade-weighted USD index hit a fresh 28-month high today, at 99.33. EUR-USD concurrently ebbed to a new 28-month low at 1.0930 in what is now the pair's seventh consecutive day of printing lower lows. Read more

XE Market Analysis: Europe - Sep 03, 2019

By: XE Market Analysis

The Dollar has remained buoyant, which has seen the narrow trade-weighted USD index hit a fresh 28-month high today, at 99.33. EUR-USD concurrently ebbed to a new 28-month low at 1.0930 in what is now the pair's seventh consecutive day of printing lower lows. Read more

Pages

Paste link in email or IM