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

AD

XE Market Analysis: North America - Jul 04, 2018

By: XE Market Analysis

The dollar has traded mixed, gaining against an underperforming euro while losing some ground to the pound and holding near net unchanged versus the yen. Emerging market currencies came off the boil after earlier trading firmer after the yuan steadied, with the support of Beijing according to widespread reports, after declining notably last week and on Monday and Tuesday of this week. Read more

XE Market Analysis: Europe - Jul 04, 2018

By: XE Market Analysis

The dollar traded softer, led be declines against the yen, Australian dollar and most emerging world economies, which seemed to benefit from China's steadying of the yuan today. USD-JPY opened in Asia at about 110.58-60, then dipped to a four-session low of 110.27 before setting around 110.40. Read more

XE Market Analysis: Asia - Jul 03, 2018

By: XE Market Analysis

FX trade was quiet in N.Y. on Tuesday, with many participants heading to the exits early ahead of Wednesday's Independence Day holiday. Major dollar pairings were range-bound through the session. The DXY managed tiny gains, ending up near 94.65. EUR-USD was stuck on either side of 1.1666, while USD-JPY faded to 110.51. Read more

XE Market Analysis: North America - Jul 03, 2018

By: XE Market Analysis

The dollar arrived at the early European PM session at near net unchanged levels against the euro and yen, while the dollar bloc currencies and sterling outperformed, the former group amid a lift in global stock markets and the latter after a forecast-beating construction PMI release out of the UK. Read more

XE Market Analysis: Europe - Jul 03, 2018

By: XE Market Analysis

The dollar majors have remained in narrow ranges, overall, though there still has been some movement of note. USD-JPY posted a fresh six-week high of 111.13 before settling lower. Other yen crosses also saw a similar price action with the backdrop of steadying global stock markets seeing the yen come under some pressure. Read more

XE Market Analysis: Asia - Jul 02, 2018

By: XE Market Analysis

The DXY reclaimed the 95 handle, coming from early lows of 94.83. Trade was quiet overall, though with trade talk heating up, the greenback appeared to have been supported by the thinking that the U.S. economy would fare much better than other countries amid a trade war. Read more

XE Market Analysis: Europe - Jul 02, 2018

By: XE Market Analysis

The dollar traded broadly firmer, gaining versus euro, dollar bloc units and making advances against most emerging world currencies. USD-JPY posted a six-week high of 111.06 in Tokyo before turning lower. Yen crosses saw a similar price action, with the Japanese currency finding demand at lows as Chinese and other stock markets faltered in Asia, and as U.S. Read more

XE Market Analysis: Asia - Jun 29, 2018

By: XE Market Analysis

The DXY was fairly steady through the morning session, though lost some ground in afternoon trade. The dollar index dropped to 94.55 lows from a high of 94.90. Incoming U.S. data was mixed, though had little impact on market overall. Month and quarter end activity was the main driver in the FX market on Friday. Read more

XE Market Analysis: US Dollar Poised to Cross the Q2 as the Winner

By: xemarketanalysis

OVERVIEW The Greenback is on track to finish strongly against the G-10 currencies. Indian Rupee is at lifetime lows despite RBI’s intervention. CNY slides further for the 11th day in a row. WTI ending the week strongly, up 42 cents to $73.87 a barrel. HIGHLIGHT USD/INR rose to a lifetime high on the back of increasing current account deficit, stronger Dollar, and higher oil prices. Read more

XE Market Analysis: North America - Jun 29, 2018

By: XE Market Analysis

EUR-USD rallied over a big figure in making a two-day high at 1.1666. The pair yesterday posted an eight-day low at 1.1727. Most euro crosses also gained. News that EU members have thrashed out deal on immigration (to shore up external borders and create screening centres for migrants) has reduced the discount built into the common currency on existential threat grounds, as the deal should placate the Italian populist government and broader Eurosceptic, populist movements across the region. Read more

Pages

Paste link in email or IM