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

AD

XE Market Analysis: North America - Jul 03, 2019

By: XE Market Analysis

The Dollar has been trading steady-to-softer against the other main currencies, arriving at the New York interbank open near net unchanged against the Euro, with the common currency managing to recoup from intraday losses, modestly lower versus the Yen and Australian Dollar, and firmer in the case against the Pound, which has remained heavy following sub-forecast UK services PMI data. Read more

XE Market Analysis: Europe - Jul 03, 2019

By: XE Market Analysis

The Dollar has traded mixed while the Yen has traded firmer versus the other main currencies, which has come amid a backdrop of drooping stock markets in Asia (event though the S&P posted a fresh record closing level) as optimism about the U.S.-China trade war truce faded. Read more

XE Market Analysis: Asia - Jul 02, 2019

By: XE Market Analysis

The Dollar was narrowly mixed in N.Y. trade on Tuesday, though managed to keep the bulk of Monday's gains. There was no data to move the markets, though that will change on Wednesday, as traders gear up for the ADP jobs report, trade, jobless claims, and factory data. Read more

XE Market Analysis: The Currency Market is Trading with Caution as US-EU Tension Simmers

By: xemarketanalysis

OVERVIEW The greenback is steady against the major currencies ahead of US employment data. The Australian Dollar is the strongest despite the back-to-back rate cuts by the RBA. Read more

XE Market Analysis: North America - Jul 02, 2019

By: XE Market Analysis

The Dollar gave back some of the gains seen yesterday, concomitantly with a correction in global stock markets as participants took a more circumspect view of the weekend's declaration of a truce between the U.S. and China. EUR-USD climbed back above 1.1300, driven by about two parts Dollar weakness and about one part Euro outperformance, with the common currency managing to eke out gains against the Yen, Swiss Franc, Sterling, and a number of other currencies today, before sub-forecast Eurozone PPI data provided further dovish fodder for the ECB board. Read more

XE Market Analysis: Europe - Jul 02, 2019

By: XE Market Analysis

The Dollar has traded mixed, posting fresh highs versus the Euro and the Pound, but mostly holding narrow ranges during pre-Europe trading in Asia, holding onto gains following the adjustment in Fed easing expectations. EUR-USD edged out a two-week low at 1.1275, and Cable also saw a two-week nadir, at 1.2626. Read more

XE Market Analysis: Asia - Jul 01, 2019

By: XE Market Analysis

The Dollar bounced in N.Y. trade on Monday, taking the DXY to eight-session highs of 96.82 from pre-open lows of 96.36. The agreed trade truce over the weekend appeared to have lowered expectations for aggressive Fed easing, which supported the USD through the session. Read more

XE Market Analysis: North America - Jul 01, 2019

By: XE Market Analysis

The Dollar has rotated higher amid a strong post-G20 risk-back-on theme, interpreted by markets as meaning that the Fed is less likely to cut rates aggressively. Many market narratives promoted the view that the latest truce in the U.S.-Chain trade war will at the least kill off any lingering idea that the Fed may cut rates by as much as 50 bp in July. Read more

XE Market Analysis: Europe - Jul 01, 2019

By: XE Market Analysis

The Dollar has firmed up amid a strong post-G20 risk-on theme ensued, which has been interpreted by markets as meaning that the Fed is less likely to cut rates aggressively, with narratives promoting the view that latest truce in the U.S.-Chain trade war will at the least kill the possibility for the Fed to cut rates by 50 bp at its July FOMC. Read more

XE Market Analysis: Asia - Jun 28, 2019

By: XE Market Analysis

The Dollar managed modest gains in N.Y. on Friday, though for the most part, remained inside of recent trading ranges. The DXY headed to 96.30 highs, up from morning lows of 96.03. Incoming U.S. data was mixed, with income and spending data firmer, while the Chicago PMI slipped under the 50.0 boom/bust line for the first time since January of 2017. Read more

Pages

Paste link in email or IM