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XE Market Analysis: Europe - Aug 02, 2018

By: XE Market Analysis

The Dollar has traded firmer against most currencies and more than reversed initial declines that were seen after the largely as-expected Fed policy announcement yesterday. The upgrade in the Fed's assessment of the economy to "strong" -- from merely "solid" in the June statement -- provided reason to buy the Greenback on dips. Read more

XE Market Analysis: Asia - Aug 01, 2018

By: XE Market Analysis

The dollar fell after the FOMC announcement, where rates were left unchanged, as expected, and despite the statement saying the economy has been rising at a "strong" rate. In addition, the FOMC kept another 2 hikes this year on the table. Perhaps a case of sell the news for the dollar, given earlier gains. Read more

XE Market Analysis: North America - Aug 01, 2018

By: XE Market Analysis

The Dollar retained a broad, albeit modest bid. EUR-USD posted a two-day low at 1.1672, extending the correction from yesterday's 1.1746 peak and putting the pair near the midway mark of a broadly sideways range that's been evolving since early June. USD-JPY popped above 112.00 for the first time since July 20, posting a high at 112.15. Read more

XE Market Analysis: Europe - Aug 01, 2018

By: XE Market Analysis

The Dollar has traded moderately firmer into the London interbank open, with the USD index (DXY) showing a 0.2% gain at 94.65, a two-day high. EUR-USD concurrently posted a two-day low, at 1.1675, which is near the midway mark of a broadly sideways range that's been evolving since early June. Read more

XE Market Analysis: Asia - Jul 31, 2018

By: XE Market Analysis

The Dollar index recovered from 94.17 lows, topping later at 94.56 following decent income, spending, and Chicago PMI outcome. In addition, reports that the U.S. and China are pushing ahead with background trade talks, helped sentiment. Wall Street rallied as well. Read more

XE Market Analysis: Month-end Flows Keeps Currency Market Busy

By: xemarketanalysis

OVERVIEW The Dollar index is slower for the third session after PCE missed estimates. Strong Canadian GDP surprises markets. WTI down 50 cents as geopolitical tensions ease. HIGHLIGHT The USD/INR is in consolidation mode ahead of central banks’ monetary policy announcements. Read more

XE Market Analysis: North America - Jul 31, 2018

By: XE Market Analysis

The Dollar has traded mixed, rising against the Yen, which has underperformed in the wake of the BoJ's policy announcement, while losing ground to the Euro and some other currencies, and trading flat against others. USD-JPY rallied to a fresh high at 111.59, marking the highest level seen in eight sessions, after the pledged to keep interest rates low while trimming inflation forecasts, despite concurrently announcing a more flexible approach to the implementation of its monetary stimulus program. Read more

XE Market Analysis: Europe - Jul 31, 2018

By: XE Market Analysis

The Yen looks to be coming back under pressure as the early European interbank crowd start to make their presence felt. USD-JPY has lifted back above 111.30, returning focus back on the post-BoJ announcement high that was pegged at 111.43 (which is a one-week peak). Read more

XE Market Analysis: Asia - Jul 30, 2018

By: XE Market Analysis

The Dollar index faded lower through the N.Y. session on Monday, bottoming at 94.26 after opening near 94.55. Firmer pending homes sales and a lower but better than expected Dallas Fed index had negligible impact on the FX market. Yields were steady, while stocks were lower, with tech again under performing. Read more

XE Market Analysis: Slow Start to the Week in FX

By: xemarketanalysis

OVERVIEW US Dollar slips across the board at the start of a busy data week. Pound sturdy ahead of BoE rate decision on Thursday. HIGHLIGHT There is no highlight for today. Read more

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