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

AD

XE Market Analysis: North America - Jun 05, 2018

By: XE Market Analysis

The dollar has traded mixed, holding net steady against the euro and yen, losing ground to the pound following a strong services PMI release out of the UK, while gaining against the Canadian and Australian dollars. EUR-USD lost upside traction, with the pair reverting to a narrow oscillation of the 1.1700 level. Read more

XE Market Analysis: Europe - Jun 05, 2018

By: XE Market Analysis

There has been limited net direction among the main currencies so far today as the London interbank opens. EUR-USD has lost upside traction, with the pair reverting to a narrow oscillation of the 1.1700 level. Euro crosses have also flattened out after rallying over the last week on the shifting Italian political situation. Read more

XE Market Analysis: Asia - Jun 04, 2018

By: XE Market Analysis

The dollar started out on a softer footing in N.Y. on Monday, though managed a modest rally through the remainder of the day, as risk appetite picked up. The DXY picked up to 94.14 from 93.67 opening lows. EUR-USD fell from 1.1745 to 1.1677, while USD-JPY rallied to 109.75 from 109.37. Read more

XE Market Analysis: Brexit Legislation to Return to the House of Commons

By: xemarketanalysis

OVERVIEW The US Dollar remains strong as expectations for higher interest rates continue to make the Greenback attractive. Sterling remains under pressure as Brexit uncertainty continues to weigh on this currency. The Australian Dollar surges helped by stronger than expected retail sales and corporate gross revenue profits. HIGHLIGHT Sterling is under pressure as Brexit uncertainty returns with The Times running an article that the House of Commons will vote on Brexit legislation on June 12th. US DOLLAR President Trump signaling his intention to push ahead with a transatlantic trade war by imposing tariffs on steel and aluminum imports from the EU, Canada, and Mexico. Read more

XE Market Analysis: North America - Jun 04, 2018

By: XE Market Analysis

The dollar and yen lost ground to most other currencies, particularly the euro, which has continued last week's rebound, and the dollar bloc currencies, which were underpinned by a coursing risk-on sentiment in global markets. EUR-USD lifted to a seven-session high of 1.1737, driven by on ongoing recovery in the euro, which posted fresh highs versus the yen and sterling, and other currencies. Read more

XE Market Analysis: Europe - Jun 04, 2018

By: XE Market Analysis

AUD-JPY rallied by about 1%, which is the biggest movement in early-week trading out of the main currencies, and emblematic of a broader tone of risk appetite in global markets. USD-JPY posted a six-session high at 109.76, surpassing Friday's peak by 3 pips. Read more

Weekly Indicators: long leading indicators turn neutral edition

By: New_Deal_democrat

May data started out with an excellent employment report, with new expansion lows in unemployment and underemployment and a new expansion high in wage growth for ordinary workers. Both the ISM and the Chicago PMI manufacturing reports were also very positive. Read more

XE Market Analysis: Asia - Jun 01, 2018

By: XE Market Analysis

The dollar rallied following the jobs report, where NFP rose more than forecast, and earnings were better than expected. The jobless rate unexpectedly fell to a new low of 3.8%. The buck had been on the rise ahead of the report following a Trump Tweet implying a better than expected outcome. Read more

XE Market Analysis: Trade Wars à la Carte Again

By: xemarketanalysis

OVERVIEW Investors digest strong US payrolls data. Euro jumps into June despite fresh political concerns. WTI slides lower, down 55 cents to trade at $66.50 a barrel. HIGHLIGHT The MXN will be the talk of the town as we head into a crucial month ahead of the July 1st election. Read more

XE Market Analysis: North America - Jun 01, 2018

By: XE Market Analysis

The dollar has traded mostly softer, losing ground to the euro, sterling and the Australian dollar, though has held near net unchanged versus the Canadian dollar while gaining ground against the yen. EUR-USD rallied to a four-day high of 1.1730 as markets digested political development in Italy, where Five Star and the League are forming a coalition government. Read more

Pages

Paste link in email or IM