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

AD

XE Market Analysis: Europe - Aug 06, 2014

By: XE Market Analysis

EUR-USD dipped to fresh lows as the early European trade got under way, breaching 1.3350 for the first time since last November following German factor orders numbers, which unexpectedly plunged 3.2% m/m in May. This adds to recent data that have painted a contrasting picture between the Eurozone and U.S. Read more

XE Market Analysis: Asia - Aug 05, 2014

By: XE Market Analysis

The USD has steadied after the London close, before which EUR-USD set fresh eight-month lows just under 1.3360 and USD-CAD overcame offers around 1.3850 to make three-month highs above 1.0975 after punching above the Jun-5 high at 1.0960. The strong U.S. Read more

XE Market Analysis: North America - Aug 05, 2014

By: XE Market Analysis

EUR-USD dove back below 1.3400, triggering stops on route and posting an intraday low of 1.3388 so far. This has brought Friday's low at 1.3378 is in scope, ahead of last Wednesday's eight-month low at 1.3367. Sovereign reserve managers were reportedly selling euros, while there was a downward revision in final July Eurozone PMI data, and Eurozone retail sales came in at 0.4% m/m, below the median for 0.6%. Read more

XE Market Analysis: Europe - Aug 05, 2014

By: XE Market Analysis

Sterling and the Aussie managed modest gains in pre-European trade in Asia, while EUR-USD and USD-JPY posted narrow ranges, the former holding near 1.3420 and the latter ebbing fractionally lower to the 102.45-50 area from levels around 102.60. A Bloomberg report citing unnamed sources said that the BoJ is increasingly worried about signs of weakness in the economy following April's sales tax hike, and is also concerned by weak export and output figures. Read more

XE Market Analysis: Asia - Aug 04, 2014

By: XE Market Analysis

The dollar consolidated after Friday's post-payrolls slide. Conditions were very subdued due to commencement of the summer holiday season, a public holiday in Canada and a general lack of fresh data and other leads. EUR-USD followed a sideways path with a mild downward bias, dipping below 1.3420, having held below Friday's 1.3444 post-payrolls high. Read more

XE Market Analysis: North America - Aug 04, 2014

By: XE Market Analysis

Narrow ranges prevailed in early-week trade, with the USD consolidating the losses seen following Friday's trade employment report. EUR-USD saw a slight downward bias early on before steadying around 1.3420, which is about 35 pips up on Friday's pre-payrolls levels. Read more

XE Market Analysis: Europe - Aug 04, 2014

By: XE Market Analysis

Narrow ranges prevailed in early-week trade, with the USD consolidating the losses seen following Friday's trade employment report. EUR-USD saw a slight downward bias early on before steadying around 1.3420, which is about 35 pips up on Friday's pre-payrolls levels. Read more

Weekly Indicators: an economic Sharknado of news edition

By: New_Deal_democrat

In the rear view mirror, 2Q GDP came in at a strong +4%, better than almost all estimates, but in line with what these Weekly Indicators have suggested for several months. Median wages rose, but the YoY rate remained subdued. Monthly July data started off with a strong jobs report, but with a slight increase in the unemployment rate, and flat real hourly wages. Read more

International Week in Review: US Bounces Back Strongly Edition

By: HaleStewart

The best news of the week came from the US, where we first learned the first quarter GDP contraction was a weather-related slowdown. 2Q GDP printed at 4%. In addition, the economy added 208,000 jobs, which was the sixth straight month of 200,000+ numbers. Read more

XE Market Analysis: Asia - Aug 01, 2014

By: XE Market Analysis

The July jobs report modest NFP miss prompted some dollar selling in N.Y. dealings on Friday. EUR-USD ended up near 1.3445 after posting lows of 1.3385, as USD-JPY slipped under 102.35, after touching 103.07 highs. Other U.S. data releases were mixed, with the July manufacturing ISM coming in better than forecasts, personal income rising, and June construction spending slipping sharply. Read more

Pages

Paste link in email or IM