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

AD

XE Market Analysis: Syria Worries Ease, Euro Weakens

By: xemarketanalysis

OVERVIEW Euro weakens after dovish ECB minutes. Japanese Yen weakens on Trump's tweet on the timing and/or possibility of attacking Syria. Swedish Krona slips after CPI miss. GBP strong due to seasonal flows, house price survey remains weak. HIGHLIGHT The Canadian Dollar has dipped back from multi-week highs after an impressive 3% gain over the past couple of weeks as investors’ fears over NAFTA have eased, while the risk of further Middle East tensions has driven the price of oil to 3-year highs. Read more

XE Market Analysis: North America - Apr 12, 2018

By: XE Market Analysis

The dollar found some bids following an early-morning tweet shower from Trump, which, among other things, said that an attack on Syria had not yet been decided and suggested that he doesn't have any plans to sack special council Mueller. USD-JPY lifting about 15 pips from pre-tweet shower levels, enough for the pair to post a two-day high at 107.15, while EUR-USD ebbed by some 30 pips to the 1.2330-35 area. Read more

XE Market Analysis: Europe - Apr 12, 2018

By: XE Market Analysis

The dollar majors have once again plied narrow ranges, EUR-USD in the mid-to-upper 1.2300s after a four-day run higher capped out yesterday at 1.2397, and USD-JPY in the upper 106.0s. The lack of directional impulse has been seen in most other currency pairings, and Asian stock markets. Read more

XE Market Analysis: Asia - Apr 11, 2018

By: XE Market Analysis

The greenback was fairly steady through the N.Y. session on Wednesday, with narrow ranges seen in major pairings. U.S. CPI was on the cool side, which weighed slightly. The dollar perked up after the FOMC minutes later in the session, which were a tad on the hawkish side. Read more

XE Market Analysis: Dollar Weakens as Market Worries Switch to Syria

By: xemarketanalysis

OVERVIEW Markets wary of US air strikes against Syria following Trump's tweets. EUR edging higher in quiet trade. GBP recovers after weaker than expected data. JPY firmer as risk appetite remains mildly negative. RUB slide continues. HIGHLIGHT US consumer price inflation fell for the first time in 10 months in March, but underlying inflation continued to firm. Read more

Further slow deterioration in real money supply, mortgage applications

By: New_Deal_democrat

Let me start by emphasizing that neither of the two indicators I am chiefly discussing in this post have actually turned negative on any sustained basis. But if there has been a theme in my posts in the last 6 to 12 months, it has been the slow decline of the overall positive readings among that data which forecasts the economy more than a year ahead. One of those sources is money supply. Read more

XE Market Analysis: North America - Apr 11, 2018

By: XE Market Analysis

The dollar has posted modest losses versus its major counterparts, continuing a theme seen since last Friday's U.S. jobs report miss, though the greenback managed moderate gains against the dollar bloc currencies, which fared less well as investor risk appetite flagged in the face of the geopolitical risks. Read more

XE Market Analysis: Europe - Apr 11, 2018

By: XE Market Analysis

The dollar has posted modest losses versus its major counterparts, which continues a theme seen since last Friday's big U.S. jobs report miss. USD-JPY drifted moderately lower, back toward 107.00 after peaking yesterday at 107.39, which left last week's six-week high at 107.49 untested. Read more

XE Market Analysis: Asia - Apr 10, 2018

By: XE Market Analysis

The dollar index fell early on, led by EUR-USD's rally, bottoming at 89.55, a two-week low, before later recovering to 89.80. Warmer PPI data supported the buck to a degree, following its early decline. EUR-USD ranged between 1.2379 and 1.2325, settling into 1.2350 at the close. Read more

XE Market Analysis: There Is No Instance of a Nation Benefiting from Prolonged “Trade” Wars: Sun Tzu’s “Art of War"

By: xemarketanalysis

OVERVIEW Global stock markets are in the green as trade disputes are quashed by Chinese President. US PP advances 0.3% in March, fuelling expectations that the economy is ripe for more than three rate hikes. Risk-on trades driving commodity currency higher against the USD. HIGHLIGHT Chinese President Xi Jinping calmed market fears about brewing trade disputes with the US. Read more

Pages

Paste link in email or IM