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

AD

XE Market Analysis: Asia - Mar 11, 2020

By: XE Market Analysis

The Dollar index recovered to highs of the week in N.Y. trade on Wednesday, though risk-off conditions returned, with markets continuing to react to the widening coronavirus crisis, which the W.H.O. finally declared a pandemic, and uncertainty over what U.S. Read more

XE Market Analysis: North America - Mar 11, 2020

By: XE Market Analysis

Market dynamics have been somewhat convoluted. The pound dropped after the BoE unexpectedly cut rates before recovering its losses. The yen strengthened in Asia before paring this gains. The dollar, meanwhile, posted declines against most currencies, including the dollar bloc currencies. Read more

XE Market Analysis: Europe - Mar 11, 2020

By: XE Market Analysis

The yen has outperformed again as stock markets fell back in Asia. The pound also took a hit, although subsequently pared losses, after the BoE unexpectedly announced an intra-meeting emergency rate cut of 50 bp, which put the repo rate at 0.25%. Cable fell by just over 90 pips in posting a one-week low at 1.2845 before recouping to around 1.2900. Read more

XE Market Analysis: Asia - Mar 10, 2020

By: XE Market Analysis

The Dollar put in a rare up-day on Tuesday, with the DXY recovering to 96.20 from early lows of 95.62.A partial recovery in stocks, along with firmer Treasury yields helped support the USD. There was no top tier data to move the markets on Tuesday, though focus remained on the spread of coronavirus. Read more

XE Market Analysis: North America - Mar 10, 2020

By: XE Market Analysis

A risk-back-on vibe saw the yen weaken and sovereign bond yields rise from record lows as markets re-priced safe haven currencies and assets, while commodity currencies and many developing world currencies rebounded concomitantly with global stock markets and many commodities from lows seen yesterday. Read more

XE Market Analysis: Europe - Mar 10, 2020

By: XE Market Analysis

A risk-back-on vibe saw the yen weaken and sovereign bond yields rise from record lows as markets re-priced safe haven currencies and assets, while commodity currencies and many developing world currencies rebounded concomitantly with Asian stock markets and many commodities from lows seen yesterday. Read more

XE Market Analysis: Asia - Mar 09, 2020

By: XE Market Analysis

The Dollar index fell to 18-month lows of 94.66 in N.Y. trade on Monday, falling sharply on the back of record low Treasury yields, and severe risk-off conditions. Prospects for further Fed rate cuts will keep the USD under pressure for the time being. Read more

XE Market Analysis: North America - Mar 09, 2020

By: XE Market Analysis

The yen has surged by over 4% versus the commodity bloc currencies -- massive intraday movements by the standards of trading in the prevailing era -- as global markets slammed the risk-off button amid heightening panic about the global economic impact that the COVID-19 virus pandemic is having. Read more

XE Market Analysis: Europe - Mar 09, 2020

By: XE Market Analysis

The yen has surged by over 4% versus the commodity bloc currencies -- massive intraday movements by the standards of trading in the prevailing era -- as global markets slammed the risk-off button amid heightening panic about the global economic impact that the COVID-19 virus pandemic is having. Read more

XE Market Analysis: Asia - Mar 06, 2020

By: XE Market Analysis

The Dollar index fell to a 14-month low of 95.72 in N..Y. trade on Friday. Near-panic conditions prevailed, seeing Treasury yields collapse further, while further Fed rate cuts are priced in. A stronger than expected U.S. February employment provided a modicum of support, though pre-weekend short covering gave the USD a bit of a boost later in the session. Read more

Pages

Paste link in email or IM