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XE Market Analysis: Europe - Oct 17, 2018

By: XE Market Analysis

The Dollar majors continue to lack direction, although stock markets picked up following positive corporate earnings reports out of the U.S. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to sustain gains above 1.1600. USD-JPY posted a three-session high at 112.42 before settling around 112.20-25. Read more

XE Market Analysis:The Euro Defies Beijing, Brexit and Berlin as it Clings to Key 1.16 Level

By: xemarketanalysis

OVERVIEW The US Dollar is unsettled with the DXY Index down 0.13% due to geopolitical risks The Euro remains calm despite the ZEW Indicator at a 6-year low NYMEX WTI Crude is holding steady at $71.50 a barrel HIGHLIGHT The EUR/GBP pair is expected to attract more volatility as the key EU Economic Summit in Brussels draws nearer. Read more

XE Market Analysis: North America - Oct 16, 2018

By: XE Market Analysis

The Dollar has traded mixed so far today, reaching the early European PM near net unchanged versus the Euro, lower against the Pound, which lifted on perky UK wage data, and higher versus the Yen, which underperformed amid a backdrop of recovering stock markets. Read more

XE Market Analysis: Europe - Oct 16, 2018

By: XE Market Analysis

Most Dollar pairings have been steady, holding within respective Monday ranges. Once expectation was NZD-USD, which has rallied to a two-week high of 0.6596 following New Zealand Q3 CPI data, which rose to 0.9% q/q, above the median forecast for 0.7% q/q. Read more

XE Market Analysis: Asia - Oct 15, 2018

By: XE Market Analysis

FX trade was fairly choppy in N.Y. on Monday, seeing the DXY fall to session lows of 94.96 after soft U.S. retail sales, then subsequently gyrating between 95.12 and 94.97. Wall Street was mixed, with tech again lagging. EUR-USD peaked at 1.1606 before falling to 1.1576 lows, as USD-JPY fell to 111.67 before topping at 111.93. Read more

XE Market Analysis: US Dollar Falls as Retail Sales Disappoint

By: xemarketanalysis

OVERVIEW The US Dollar dipped today as retail sales numbers fell short of expectations The Pound steadied in today's trading, ahead of a potentially monumental EU Brexit Summit on Wednesday and Thursday The Canadian Dollar strengthens as oil prices rise as tensions between the West and Saudi Arabia grow HIGHLIGHT The Canadian dollar gained strength today as the US Dollar weakened today, causing the pair to fall by as much as 0.5% at one point. Read more

XE Market Analysis: North America - Oct 15, 2018

By: XE Market Analysis

The Dollar has traded softer, for the most part, losing ground to the Euro, Swiss franc, Sterling and Japanese Yen, among other currencies. EUR-USD posted an intraday high at 1.1593, which reverses most of the decline seen on Friday. The move happened concurrently with a rebound in European stock markets, which were on net showing modest gains on the day as of the early European PM session. Read more

XE Market Analysis: Europe - Oct 15, 2018

By: XE Market Analysis

The Yen has traded moderately firmer while the Pound has come under moderate pressure, the former underpinned by a resumption of risk aversion in Asian equity markets and the latter affected by news that the respective lead negotiators from the UK and EU, Raab and Barnier, faltered over the Irish border backstop issue. Read more

XE Market Analysis: Asia - Oct 12, 2018

By: XE Market Analysis

The Dollar index recovered modestly in N.Y. trade on Friday, rallying to 95.37 highs, and up from overnight lows of 94.96. The recovery in global equity markets on Friday supported the Dollar, though it remains to be seen whether or not the gains were just a pre-weekend relief rally. Read more

XE Market Analysis: Currency Market Is Timidly Recovering After Going Loco

By: xemarketanalysis

OVERVIEW The US Dollar is limping into the weekend with the DXY Index up 0.25% The Euro continues to slide lower on profit taking against the GBP and the USD NYMEX WTI Crude is up 1.25% to trade near $71.85 a barrel HIGHLIGHT The Pakistani Rupee is making headlines after plunging nearly 7% against the Greenback today. Read more

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