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

AD

XE Market Analysis: Asia - Aug 26, 2013

By: XE Market Analysis

Aside from a blip lower following very weak durables data, the dollar was fairly steady through the N.Y. session on Monday. With London closed, liquidity and overall interest was light, with most major dollar pairings moving inside less than 50 point trading bands. Read more

XE Market Analysis: North America - Aug 26, 2013

By: XE Market Analysis

With London closed both conditions and trade have been light today. EUR-USD and EUR-JPY ebbed amid general, though mild, euro weakness after ECB's Weidmann warned that the debt crisis is not over yet. Other pairings, including USD-JPY and AUD-USD were near to their respective Friday closing levels as of the early PM session in Europe. Read more

XE Market Analysis: Asia - Aug 23, 2013

By: XE Market Analysis

The dollar started the N.Y. Friday session on a slightly firmer footing, though a very weak new home sales outcome sank the greenback from there. EUR-USD found support into 1.3330, and later managed highs over 1.3405. The pairing was not able to hold the figure into the close however. Read more

XE Market Analysis: North America - Aug 23, 2013

By: XE Market Analysis

The dollar was mixed, but largely stable overall. EUR edged back over 1.3350, which was a symptom of European account demand as bids held at 1.3330. The market did not react to comments overnight from ECB's Nowotny, which suggested that the ECB was likely to remain on hold after recent economic data. Read more

XE Market Analysis: Europe - Aug 23, 2013

By: XE Market Analysis

The dollar was supported as U.S. yields remained stable. USD-JPY has been the main beneficiary as funds added long positions on the belief that central bank policy will fuel further gains. EUR was capped again on upticks as 1.3400 held during the N.Y. Read more

XE Market Analysis: Asia - Aug 22, 2013

By: XE Market Analysis

After trading higher overnight, the dollar was mixed in N.Y. dealings on Thursday, losing ground to the euro and CHF, while steadying versus the yen and sterling, and rallying against the CAD. EUR-USD found support at 1.3300 and eventually bounced over 1.3370, as USD-JPY idled mostly over 98.50. Read more

XE Market Analysis: North America - Aug 22, 2013

By: XE Market Analysis

The dollar headed higher as yesterday's FOMC minutes elevated U.S. yields. However, it still left unanswered questions. This is likely to raise the significance of today's jobless claims data, which will provide more important information ahead of the September NFP release. Read more

XE Market Analysis: Europe - Aug 22, 2013

By: XE Market Analysis

The dollar traded on a firmer footing in the wake of the FOMC minutes. The Fed was mixed on timing, but intends to taper at some point. However, the lack of clarity resulted in more pressure on Asian stocks and this weighed on risk appetite early on. Sentiment improved during the Asia afternoon after China HSBC flash manufacturing PMI came in at 50.1 in August from 47.7 in July. Read more

XE Market Analysis: Asia - Aug 21, 2013

By: XE Market Analysis

The dollar rallied through the morning session on Wednesday, though trade was relatively quiet into the release of the FOMC minutes. Better housing data likely helped USD sentiment early, as did defensive reduction of short USD positions. The dollar rallied after the FOMC minutes, as yields moved higher with news that the Fed was mixed on timing, but intends to taper at some point. Read more

XE Market Analysis: North America - Aug 21, 2013

By: XE Market Analysis

The dollar found light support against the FX majors ahead of the FOMC minutes. Movement across risk assets remained defensive, but the impact wasn't felt in the majors. However, the commodity currencies remained under pressure as market participants continue to digest the implications of reduced central bank policy stimulus. Read more

Pages

Paste link in email or IM