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

AD

XE Market Analysis: North America - Oct 17, 2013

By: XE Market Analysis

There was a mild relief rally in risk assets overnight after the U.S. Senate and House passed the budget deal, which will extend the debt ceiling till early February and reopen the government till the middle of January. However, the move ran its course as market participants looked ahead to more potentially fractious negotiations early next year, while many suspect that it could push back Fed policy tapering even further. Read more

XE Market Analysis: Europe - Oct 17, 2013

By: XE Market Analysis

Risk assets posted a relief rally after the U.S. Senate and House passed the budget deal, which will extend the debt ceiling till early February and reopen the government till the middle of January. However, after the fractious negotiations over the last few weeks there is already a bit of caution as market participants brace themselves for further drama next year. Read more

The Already Negative Impact Of The US' Political Brinksmanship

By: HaleStewart

The US is currently engaged in an extreme case of brinksmanship with it's credit rating hanging in the balance. However, outside of the political calculations currently taking place there are two key areas of the economy which these events are already negatively impacting. Read more

XE Market Analysis: North America - Oct 16, 2013

By: XE Market Analysis

The FX majors and the commodity bloc currencies consolidated for the most part as the market waits on a potential deal from Washington D.C. There were conflicting reports, but overall the signs are positive, which has alleviated some of the pressure on speculative positions. Read more

XE Market Analysis: Europe - Oct 16, 2013

By: XE Market Analysis

The FX majors and the commodity bloc currencies consolidated in Asia as the market waits on a potential deal from Washington D.C. There were conflicting reports, but overall the signs are positive, which has alleviated some of the pressure on speculative positions. Read more

UK Economy Continues To Show Improvement

By: HaleStewart

Last week, the Bank of England maintained their interest rate policy at .5%.  Their press release stated the following: Read more

XE Market Analysis: North America - Oct 15, 2013

By: XE Market Analysis

Signs of progress in U.S. budget talks set the backdrop for a USD rally, which occurred during the European AM session and drove the EUR-USD to a five-day low, though the catalyst came from a remark by China's vice finance minister, who said that it was vital the America maintains the promise to not default on its bonds. Read more

XE Market Analysis: Europe - Oct 15, 2013

By: XE Market Analysis

There wasn't a big reaction in currency markets during the pre-European open Asia session to the news of "tremendous progress," in the words of Majority Leader Harry Reid, in negotiations with regard to a deal to suspend the U.S. debt ceiling through Feb-7 and fund the government through Jan-15. Read more

Chinese Inflation Comes in Higher Than Desired

By: HaleStewart

Yesterday, the Chinese National Statistics Bureau reported the following regarding inflation:In September, the consumer price index (CPI) went up by 3.1 percent year-on-year. The prices grew by 3.0 percent in cities and 3.3 percent in rural areas. The food prices went up by 6.1 percent, while the non-food prices increased by 1.6 percent. Read more

XE Market Analysis: North America - Oct 14, 2013

By: XE Market Analysis

The market was very quiet due to holidays in Japan, Hong Kong, U.S. and Canada. Weekend developments were mainly negative, though the impact was muted due to a lack of market participation, which left sideways movement in FX. The dollar was a touch lower overall, leaving EUR above 1.3550 and Cable just shy of 1.6000. Read more

Pages

Paste link in email or IM