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

AD

XE Market Analysis: Europe - Apr 18, 2018

By: XE Market Analysis

Narrow ranges have mostly prevailed into the London interbank open, with most of the main dollar pairings holding well within their respective ranges from yesterday. This has been seen amid an ongoing recovery rally in global stock markets as trade and geopolitical concerns continued to abate. Read more

XE Market Analysis: Asia - Apr 17, 2018

By: XE Market Analysis

The dollar bounced modestly through the N.Y. morning session on Tuesday, taking its lead from a calmer geopolitical backdrop, better incoming U.S. data, and solid earnings reports. The DXY topped at 89.66, before later pulling back to 89.49 lows. EUR-USD bottomed at 1.2337 after opening near 1.2375, while USD-JPY topped at 107.21, later briefly dipping under 107.00. Read more

XE Market Analysis: UK Unemployment Lowest Since 1975

By: xemarketanalysis

OVERVIEW USD steadies and gains versus European currencies. EUR weakens after ZEW survey. GBP retreats from post-Brexit highs versus Dollar after wage data disappoints. AUD slightly weaker after RBA minutes. HIGHLIGHT UK unemployment fell unexpectedly to 4.2% in February, its lowest level since May 1975 as the economy continues to create jobs, despite slower GDP growth since the Brexit vote. Read more

XE Market Analysis: North America - Apr 17, 2018

By: XE Market Analysis

A dollar softening theme has prevailed , with EUR-USD ascending to three-week highs above 1.2400 and USD-JPY pushing to three-day lows below 107.00. AUD-USD has also turned higher after weakening in the wake of the release of the RBA's minutes to its April policy meeting, which stated that there was no reason to hike rates over the near term, cementing the view that the central bank will likely be on hold through to 2019. Read more

XE Market Analysis: Europe - Apr 17, 2018

By: XE Market Analysis

A dollar softening theme has been prevailing, with EUR-USD printing a three-week high just above 1.2380 and USD-JPY pushing to three-day lows below 107.00. AUD-USD has also turned higher after weakening in the wake of the release of the RBA's minutes to its April policy meeting, which was deemed as showing board members as being relatively less optimistic on the economy than before, helping cement the view that the central bank will likely be on hold through to 2019. Read more

XE Market Analysis: Asia - Apr 16, 2018

By: XE Market Analysis

FX trade was relatively quiet in N.Y. on Monday, though the dollar overall was a bit softer, seeing the DXY bottom at 89.39 from opening highs of 89.61. INcoming data was mixed, with retail sales a touch better than consensus, and the Empite State index missing the mark. Read more

XE Market Analysis: Sterling Marches On

By: xemarketanalysis

OVERVIEW US Dollar dips as hopes for the Syria strikes do not escalate. Sterling heading towards post-Brexit vote highs. Loonie strengthens on last-minute oil pipeline attempt. HIGHLIGHT The Pound pushed higher today across the board, setting a positive tone for the Sterling since the signing of the post-Brexit agreement in March. Read more

XE Market Analysis: North America - Apr 16, 2018

By: XE Market Analysis

The dollar traded moderate softer. EUR-USD clocked a two-session high of 1.2373 from the 1.2330-35 area while the narrow USD trade-weighted index (DXY) ebbed by 0.25%. AUD-USD also traded firmer, and USD-CAD softer. Cable traded above 1.4300 for the first time since January. Read more

XE Market Analysis: Europe - Apr 16, 2018

By: XE Market Analysis

Moderate yen outperformance has been a feature in otherwise narrow-ranging early-week trading. EUR-USD held in the lower 1.2300s, remaining within Friday's range. USD-JPY, meanwhile, dipped below Friday's low at 107.25 on route to a 107.13 low, which marks a correction in an upside trend that's been in development for two weeks now, from mid 104.00 levels. Read more

International Economic Week in Review: International Potpouri

By: HaleStewart

This was a modest week of international news. Canadian news was light this week, with building permits being the main release. Permits dropped 2.6%, but remain in the 775-850 range, where they’ve been for the last 10 months: The Bank of Canada recently imposed increased lending restrictions, where were summarized in the latest Senior Loan Officer Survey: Overall, household lending conditions tightened in the first quarter of 2018, driven by mortgage-related lending (Chart 1). Read more

Pages

Paste link in email or IM