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XE Market Analysis: North America - Jan 06, 2020

By: XE Market Analysis

The yen posted fresh highs as stock markets continued to fall in Asia with market participants fretting about upscaling risks for a deepening conflict between the U.S. and Iran. President Trump threatened "major retaliation" if Iran responded to the U.S. Read more

XE Market Analysis: Europe - Jan 06, 2020

By: XE Market Analysis

The yen posted fresh highs as stock markets continued to fall in Asia with market participants fretting about upscaling risks for a deepening conflict between the U.S. and Iran. President Trump threatened "major retaliation" if Iran responded to the U.S. Read more

XE Market Analysis: Asia - Jan 03, 2020

By: XE Market Analysis

The Dollar and Yen rallied some overnight on Friday, supported by safe-haven buying following the U.S. drone strike in Iraq, which killed a top Iranian general. The USD later gave back gains as the initial fears of immediate Iran reprisal faded, the U.S. Read more

XE Market Analysis: North America - Jan 03, 2020

By: XE Market Analysis

The dollar and yen rallied on the back of safe-haven demand following U.S. air strikes that killed the head of Iran's elite Revolutionary Guard's overseas unit. The news also saw sovereign bonds rise, gold prices rally by over 1.5%, and oil prices by over 3%, while stock markets, richly valued after recent gains (Apple shares traded above $300 for the first time yesterday, for instance), declined. Read more

XE Market Analysis: Europe - Jan 03, 2020

By: XE Market Analysis

The yen, and to a lesser degree, the dollar have rallied amid a dash for safe havens following U.S. air strikes that killed the head of Iran's elite Revolutionary Guard's overseas unit. The news also saw gold prices rally by over 1%, and oil prices by over 3%, while stock markets, richly valued after recent gains (Apple shares traded above $300 for the first time yesterday, for instance), declined. Read more

XE Market Analysis: Asia - Jan 02, 2020

By: XE Market Analysis

The Dollar chopped around in N.Y. on the first trading day of the year, ultimately edging higher on the session. The DXY peaked at 96.87, up from lows of 96.56 in morning trade. Incoming data was uneventful, with jobless claims a bit higher than expected, and the Markit manufacturing PMI little changed. Read more

XE Market Analysis: North America - Jan 02, 2020

By: XE Market Analysis

The dollar has found a footing after coming under pressure over the Christmas week and earlier this week. Liquidity has picked up, though some centres in Asia have remained closed, including Tokyo. The narrow trade-weighted USD index (DXY) has lifted above 96.65, up from the six-month low seen earlier in the week at 96.36. Read more

XE Market Analysis: Europe - Jan 02, 2020

By: XE Market Analysis

The dollar has found a footing after coming under pressure over the Christmas week and earlier this week. Liquidity has picked up, though some centres in Asia have remained closed, including Tokyo. The narrow trade-weighted USD index (DXY) has lifted above 96.50, up from the six-month low seen earlier in the week at 96.36. Read more

XE Market Analysis: Asia - Dec 31, 2019

By: XE Market Analysis

The Dollar suffered again in N.Y. trade on the last day of the year, leaving the DXY at six-month lows of 96.36, and down from 97.71 in less than a week. Very thin trading conditions likely magnified recent moves, though the reversal of safe-haven USD flows ahead of what is expected to be a positive year for global economies has been the major driver. Read more

XE Market Analysis: North America - Dec 31, 2019

By: XE Market Analysis

The dollar posted fresh lows against the euro and, more especially, the yen and other Asian currencies, and the dollar bloc units, which rallied following above-forecast manufacturing PMI data out of China. USD-JPY fell to an 18-day low at 108.62. The Singapore dollar printed an eight-month high versus the dollar, and the Malaysia Ringgit a six-and-a-half-year high. Read more

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