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XE Market Analysis: Europe - Feb 25, 2015

By: XE Market Analysis

EUR-USD has traded firmer following Fed boss Yellen's testimony before the Senate as she retained the view already espoused that the Fed would remain "patient" for now. This disappointed some who had been anticipating something a tad more hawkish, but clearly she did not want to pre-commit ahead of the upcoming March 17-18 FOMC meeting. Read more

XE Market Analysis: Asia - Feb 24, 2015

By: XE Market Analysis

Fed Chair Yellen didn't ruffle too many feathers through her Senate Banking Committee testimony on Tuesday. Yields and the dollar initially rose following the release of her prepared text, though quickly reverted to pre-testimony levels, before easing back further. Read more

XE Market Analysis: North America - Feb 24, 2015

By: XE Market Analysis

The dollar has traded firmly into Fed boss Yellen's testimonies today and tomorrow. EUR-USD traded in the low 1.13s while USD-JPY lifted to the 119.50 area. The big question is whether she or won't she hint at a mid-year rate hike? We expect she will split the difference, suggesting liftoff is in the cards, but not pre-committing ahead of the March 17-18 FOMC meeting. Read more

XE Market Analysis: Europe - Feb 24, 2015

By: XE Market Analysis

EUR-USD has continued to ply a narrow range, centred in the low 1.13s after recovering from yesterday's post German Ifo data dip to 1.1295. The market looks to be treading water into Fed boss Yellen's testimony, which starts later today and continues tomorrow. Read more

XE Market Analysis: Asia - Feb 23, 2015

By: XE Market Analysis

FX trade was fairly quiet to start the week in N.Y., with the dollar overall trending a bit lower. Softer existing home sales dented sentiment to a degree, which saw yields and equities drift lower as well. EUR-USD ranged between 1.1298 and 1.1360, as USD-JPY gave up the 119 handle before fading to 118.81 lows. Read more

XE Market Analysis: North America - Feb 23, 2015

By: XE Market Analysis

EUR-USD tumbled during London AM trade, from levels around 1.1380 to a 1.1295 low before finding a toehold. The move was prompted by a disappointing German Ifo sentiment reading, while Greece's four-month loan extension (which still needs Eurogroup approval this week) doesn't solve the underlying contentions of the new government in Athens. Read more

XE Market Analysis: Europe - Feb 23, 2015

By: XE Market Analysis

EUR-USD settled to familiar levels around 1.1380 after a volatile day on Friday. The Greek's four-month loan extension, which still needs Eurogroup approval this week, doesn't solve the problem, so from this perspective the euro's upside should remain curtailed. Read more

International Economic Preview For the Week of February 23-27

By: HaleStewart

     The following news items will have a disproportionate impact on the markets next week. Monday Read more

Weekly indicators: a Siberian chill to coincident indicators edition

By: New_Deal_democrat

Monthly January reports were highlighted by continued positive leading indicators, including an increase in housing permits. Housing starts declined. Both the Empire and Philly manufacturing indexes were lower but still positive. Industrial production increased, and capacity utilization was flat, but December's reports were revised down. Read more

US Equity Market Review For the Week of February 16-20; The Break-Out Continues, Edition

By: HaleStewart

Holiday shortened weeks are always a bit hard to get a handle on. It always seems as though on Tuesday everybody is working at half speed; things don’t really seem to meaningfully pick-up until Wednesday, and then everybody is starting to work towards the weekend, making the entire trading week feel a bit moot. Read more

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