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

AD

XE Market Analysis: Europe - Jan 14, 2015

By: XE Market Analysis

A big fall in copper prices drove the AUD and dollar bloc lower today. LME copper futures were showing 8%-plus losses at one point, apparently triggered by the World Bank cutting its 2015 global growth forecast. This also affected other commodity prices and equity markets, which in turn underpinned the yen, as per the currency's usual inverse correlation to big swings in risk appetite. Read more

XE Market Analysis: Asia - Jan 13, 2015

By: XE Market Analysis

Crude oil's move to trend lows of $44.19 threatened to wash out equity market gains into the N.Y. session on Tuesday. It was not to be however, as a rebound in crude back over $46, resulted in a sharp Wall Street rally in morning dealings. The dollar was mixed however, as EUR-USD matched last week's trend low of 1.1754 before moving back into 1.1800, while USD-JPY could not match overnight highs of 118.85, and later slipped under 118.00. Read more

XE Market Analysis: North America - Jan 13, 2015

By: XE Market Analysis

The dollar has retained a generally firm tone today. EUR-USD decline from the mid-1.18s to a 1.1789 low. While the dollar has lost some traction as expectations of Fed tightening turn somewhat tentative, the market is still not keen on buying euros with the ECB expected to announce a QE program at the approaching Jan-22 council meeting. Read more

XE Market Analysis: Europe - Jan 13, 2015

By: XE Market Analysis

USD-JPY rebounded from a one-month low at 117.73, rising over a big figure to 118.85 before stalling, subsequently drifting back to the 118.50 area. A fresh five-year low in oil prices (NYMEX crude fell below $45) and generally lower stock markets weighed on the yen during the early part of Tokyo trade, before dollar buying kicked in. Read more

XE Market Analysis: Asia - Jan 12, 2015

By: XE Market Analysis

The dollar was mostly lower in N.Y. trade on Monday, as a risk off day developed on the back of yet another oil price melt down. Stocks headed lower, as did Treasury yields, lifting the USD over 1.1840 versus the euro, and under 118.20 against the yen. Read more

XE Market Analysis: North America - Jan 12, 2015

By: XE Market Analysis

The dollar rebounded from Asia session weakness. EUR-USD dove back under 1.1800 after carving out a five-day high at 1.1871 in Asia. News that a broad majority at ECB are in favour of sovereign bond purchases, according to a report in Germany's Handelsblatt, presented the market with a cue to sell EUR-USD. Read more

XE Market Analysis: Europe - Jan 12, 2015

By: XE Market Analysis

The dollar traded softer for a second consecutive trading day. EUR-USD carved out a five-day high at 1.1871, subsequently ebbing back to the 1.1850 area. News that a broad majority at ECB are in favour of sovereign bond purchases, according to a report in Germany's Handelsblatt, should keep the euro a sell-on-rallies trade. Read more

International Economic Preview For the Week of January 12-16

By: HaleStewart

     The following releases will have a disproportionate impact on the market next week: Monday Read more

Weekly Indicators: a more mixed start to 2015 edition

By: New_Deal_democrat

Monthly December reports included another good number for jobs, and the unemployment rate continued to decline.  Aside from that, all the monthly showed either deceleration - in the ISM services report - or declines, in auto sales, factory orders, and most importantly in average wages. Read more

XE Market Analysis: Asia - Jan 09, 2015

By: XE Market Analysis

The dollar rallied in the immediate aftermath of the better U.S. employment report, though as risk appetite eroded, the greenback solid broadly lower. The hostage standoff in France, followed by the killing of the hostage takers by security forces left a bit of a pall on the markets, pushing risk taking levels lower. Read more

Pages

Paste link in email or IM