Home > XE Currency Blog > XE Currency Blog - Market Analysis & Forex News
The Dollar has more than recovered losses seen yesterday in the wake of the U.S. midterms election results. EUR-USD posted a two-day low at 1.1411. USD-JPY and yen crosses have been trading firmer so far today, concomitantly with rebounding global stock markets in accordance with the Japanese currency's usual inverse-correlative bias with equities. Read more
The Dollar has rebound from declines seen yesterday as the U.S. midterms election results spelt out policy gridlock. The re-ascent of the greenback coincided with strong Wall Street gains, where the S&P 500 closed with a 2.1%, which is the best gain seen for the day of a midterm election since 1982. Read more
The Dollar fell in overnight trade, with the initial reaction to the U.S. elections taken as sa net-negative by the markets. A surge on wall Street reversed that sentiment however, and the Greenback managed a modest rally through the morning session. EUR-USD fell to 1.1445 lows from 1.1500 ahead of the open, as USD-JPY topped 113.45 from 112.95. Read more
OVERVIEW The US Midterm Elections produced the expected split Congress, with a Republican-run Senate and Democrat-dominated House of Representatives. Pundits are pessimistic that the US Government will be able to pass additional economic stimulus programs, driving the Greenback down relative to competing currencies. Read more
The Yen has broken lower while the Australian and New Zealand Dollars have lifted moderately higher in otherwise range-restricted trading so far today as market participants wait on the U.S. midterm elections, which carry significance for the Trumpian project. Read more
The Dollar has traded moderately lower as early U.S. midterm elections results confirmed the Democrats to be wresting control of the House while the GOP retained control of the Senate, an outcome that was largely predicted by polls. The USD index (DXY) is showing a modest 0.2% decline, continuing losses seen over the prior two days, and earlier printing two-week low at 95.90. Read more
The advent of today's U.S. midterm elections has been crimping directional ambition in markets. USD-JPY ebbed back toward 113.00 after printing a one-month high at 113.44, while EUR-JPY and AUD-JPY also reversed out of respective two-week and one-month highs. Read more
The USD index (DXY) was showing a decline of over 0.6% as of the early European PM session, just ahead of the New York interbank open, as U.S. midterm election results showed Democrats wresting control of the House. The Republican's retained control of the Senate, largely as had been predicted by polls. Read more
The Dollar index was on the decline into the N.Y. open on Tuesday, though turned higher through the session, peaking at 96.36 from lows of 96.15. U.S. election nerves appeared to subside to a degree, which allowed Wall Street to rally, and the Dollar to edge higher. Read more
OVERVIEW The Currency market is treading water today as investors avoid making aggressive bets in advance of bellwether events. The Euro has support from robust job creation numbers Sterling saw slight gains today on hopes PM May is sharing positive Brexit deal news with her Parliamentary colleagues HIGHLIGHT Americans flock to the voting boxes today, and currency investors watch to see if a blue or red wave will wash over the US political landscape. Read more
