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XE Market Analysis: North America - Mar 13, 2018

By: XE Market Analysis

Yen weakness has been the main theme, with the dollar itself mostly direction outside the case of USD-JPY, which ran to two-week highs. market participants will be paying close attention to the U.S. February release later Last month's sub-forecast release prompted a fairly steep drop in the dollar. Read more

XE Market Analysis: Europe - Mar 13, 2018

By: XE Market Analysis

The yen backed out of early-Tokyo highs and is showing an average 0.4% decline versus the dollar and euro heading into the London interbank open. USD-JPY logging a high of 106.90 after posting a three-session low at 106.25. EUR-JPY also lifted out of a two-session low to make a two-session high of 131.77. Read more

XE Market Analysis: Asia - Mar 12, 2018

By: XE Market Analysis

FX trade was very light in N.Y. on Monday, with narrow ranges the rule overall, though the dollar did lose modest ground. The DXY slipped from opening highs of 90.10, before slipping back to 89.92 lows. EUR-USD topped at 1.2335, up from 1.3290, while USD-JPY was stuck inside of 106.65 to 106.42. Read more

XE Market Analysis: US Dollar Drops on Wage Inflation

By: xemarketanalysis

OVERVIEW US Dollar drops against a basket of currencies on poor wage inflation. Loonie dips lower on oil price drop. Sterling stronger on risk demand. HIGHLIGHT There is no highlight for today's Currency Market Analysis. US DOLLAR The US Dollar has given back some of Friday's gains as the focus on wage inflation looks like it will slow or totally stop the FED from continuing its aggressive interest rate hiking plan. Read more

XE Market Analysis: North America - Mar 12, 2018

By: XE Market Analysis

The dollar has traded with a downside bias, posting losses versus the yen and Australian and New Zealand dollars, while managing to recoup modest intraday losses versus the euro. EUR-USD ebbed back toward the 1.2300 level after lifting to a two-session high of 1.2340. Read more

XE Market Analysis: Europe - Mar 12, 2018

By: XE Market Analysis

The dollar has traded steady-to-softer in early-week trading so far. USD-JPY dipped below Friday's low in making 106.35 before rebounding above 106.50. The market was rocked a little by demands for the resignation of Japan's finance minister, Aso, who subsequently said that he would stand his ground. Read more

US Economic Week in Review: The Economy is Hitting on All Cylinders

By: HaleStewart

US economic news continues to be very strong. The Fed observed as much in their latest Beige Book, which reported on an economy clearly in the middle of a broad-based expansion. The latest employment report was amazingly strong. And the latest ISM sentiment data paint a picture of an economy in the middle of an expansion. On Wednesday, the Federal Reserve released the latest beige book. Read more

International Economic Week in Review: The ECB and Bank of Canada Maintain Their Current Rate Policy

By: HaleStewart

At the political level, the “negotiations” between the UK and the EU over Brexit continue to show two parties talking past each other. A week ago Friday, British prime minister May give a speech where she attempted to argue that the UK should still be able to maintain favorable access to the common market. Read more

International Economic Week in Review: Australia and Japan Are Doing Fine

By: HaleStewart

            The RBA kept Australian rates at 1.5%.  The bank’s policy announcement contained a standard overview of the Australian economy.  Let’s start with any central banks first focus: inflation: Read more

Weekly Indicators: long leading forecast just barely above neutral edition

By: New_Deal_democrat

February data included a very strong jobs report, with the only weak spot remaining tepid wage growth. ISM services was also strongly positive. January factory orders declined, and wholesale sales declined, while inventories rose, meaning the inventory to sales ratio also rose, a negative. My usual note: I look at the high frequency weekly indicators because while they can be very noisy, they provide a good Now-cast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. Read more


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