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

AD

XE Market Analysis: Asia - Nov 05, 2013

By: XE Market Analysis

The dollar firmed up versus most major currencies in N.Y. trade on Tuesday, as EU growth projections were trimmed, and EU PPI softened further. In addition, U.S. non manufacturing ISM printed better than expected levels, Wall Street took Europe's losing lead early on, though managed to recover later in the session on the back of the improved ISM. Read more

XE Market Analysis: North America - Nov 05, 2013

By: XE Market Analysis

The major movement in the European morning session went through GBP after U.K. services sector PMI jumped to a sixteen-year high at 62.5 in October. Cable rallied out of 1.5950 to 1.6062 highs and dragged EUR-USD up from 1.3480 to 1.3500, while AUD-USD recovered from 0.9470 back over 0.9500. Read more

XE Market Analysis: Europe - Nov 05, 2013

By: XE Market Analysis

There wasn't much movement of significance in Asia as the FX majors moved within familiar and narrow ranges. EUR traded near 1.3500, Cable was just short of the 1.6000 region and USD-JPY moved either side of 98.50. The only notable movement came when the RBA maintained policy rates at 2.5% and released its accompanying statement, which left the door open for more policy action if needed. Read more

XE Market Analysis: Asia - Nov 04, 2013

By: XE Market Analysis

The dollar traded on an easier footing versus the euro in N.Y. on Monday, after it registered fresh trend highs in thin Asia trade. Asian participants fished for stops after last week's big move out of EUR-USD longs amid renewed talk of Fed taper and ECB rate cut speculation following weaker than expected Eurozone CPI data. Read more

International Macro Sweep of Economic Numbers, Week of October 28-November 1

By: HaleStewart

Perhaps most importantly, last week we saw some strong numbers coming out of Japan that indicate “Abebomics” continues to pay dividends for the Japanese economy. Retail sales increased 3.1% year over year (YOY) while industrial production increased 1.5% month over month (MOM) and 5.4% YOY. Read more

XE Market Analysis: North America - Nov 04, 2013

By: XE Market Analysis

The dollar eased in Europe after it registered fresh trend highs in thin Asia trade. Asian participants fished for stops after last week's big move out of EUR-USD longs amid renewed talk of Fed taper and ECB rate cut speculation following weaker than expected Eurozone CPI data. Read more

XE Market Analysis: Europe - Nov 04, 2013

By: XE Market Analysis

The dollar held firm in Asia after posting a decent rally late last week due to renewed talk of Fed taper and ECB rate cut speculation following weaker than expected Eurozone CPI data. EUR-USD slumped to 1.3442 lows in Asia in very thin trade and led to a Cable drop to 1.5904. Read more

Weekly Indicators: bounceback from government shutdown almost complete

By: New_Deal_democrat

- by New Deal democrat Monthly reports in the last week featured September industrial production and capacity utilization, both up significantly. Two manufacturing indexes, the ISM index and the Chicago PMI, both came in very strong. New Orders, a sub-index of the ISM and a component of the index of Leading Indicators, was positive. Read more

XE Market Analysis: Asia - Nov 01, 2013

By: XE Market Analysis

The dollar firmed further through the N.Y. session on Friday, aided by the combination of ECB easing talk, and renewed Fed taper talk. In addition, better than expected manufacturing PMI's helped USD sentiment, and allowed EUR-USD to trade to near 1.3480. Read more

Is the EU Facing a Deflation Problem?

By: HaleStewart

While it might sound counter-intuitive, an economy needs a little inflation While the amount is debatable. some inflation indicates there is sufficient consumer demand to keep the economy growing (as too many consumers try to buy too few goods) or enough businesses demand raw materials in the process of providing products (as businesses compete for scarce resources) to drive up raw material prices. Read more

Pages

Paste link in email or IM