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XE Market Analysis: Europe - Sep 23, 2014

By: XE Market Analysis

Narrow ranges have prevailed in pre-Europe FX trade in Asia. An above-forecast China flash HSBC-Markit manufacturing PMI helped lift stocks in the region, but had limit impact on currencies, aside from helping generate a moderate bid in the AUD, which lifted above 0.8900 against the USD. Read more

XE Market Analysis: Asia - Sep 22, 2014

By: XE Market Analysis

FX trade was relatively subdued in N.Y. on Monday, as the dollar put in a mixed performance. EUR-USD managed fresh trend lows of 1.2817, though it pushed back to 1.2840 into the close. USD-JPY meanwhile, peaked at 109.19, though was pushed quickly back under the figure, where it spent most of the afternoon. Read more

XE Market Analysis: North America - Sep 22, 2014

By: XE Market Analysis

The AUD and other dollar currencies came under pressures as the Bloomberg Commodity Index sank to fresh five-year lows. The U.S. dollar, meanwhile, was steady-to-softer against most other units outside the dollar bloc. EUR-USD firmed to an intraday high of 1.2867 during Asian trade, before settling around 1.2850 in Europe, about 20 pips on Friday's New York closing level. Read more

XE Market Analysis: Europe - Sep 22, 2014

By: XE Market Analysis

The dollar is trading a mostly softer levels against most currencies. The case for AUD-USD was an exception as a backdrop of risk aversion -- after China's finance minister said Beijing will not make any "major policy adjustments" in light of recent weak data -- saw the Aussie underperform. Read more

International Economic Preview For the Week of September 22-26

By: HaleStewart

     The following are the more important economic events of the week of September 22-26 Monday Read more

Weekly Indicators: signs of deceleration edition

By: New_Deal_democrat

The monthly data for August reported this week was mainly downbeat. Housing permits and starts were down, which impacted the Index of Leading Economic Indicators, up a modest +0.2. Industrial production and capacity utilization both declined. The Empire Manufacturing index improved, while the Philly Manufacturing index was less positive. Read more

XE Market Analysis: Asia - Sep 19, 2014

By: XE Market Analysis

After a hectic week, FX trade was fairly quiet in N.Y. on Friday, though the dollar was for the most part, stronger. EUR-USD made a marginal trend low, touching 1.2831, as USD-JPY bounced from 108.60 lows to a peak of 109.10. Yields slipped back slightly as Wall Street faltered moderately. Read more

International Economic Week in Review: OECD and IMF Issue Warnings

By: HaleStewart

This week, both the IMF and OECD issued policy papers that lowered growth projections for the advanced economies and argued that downward risk possibilities had increased. The issuance of both these documents provides a good opportunity to take stock of the economic position of the major NCM (non-currency manipulated countries) countries as well as highlighting the problems they are facing as outlined in these two reports. EU: The EU is easily the economy most at risk. Read more

XE Market Analysis: North America - Sep 19, 2014

By: XE Market Analysis

The dollar is generally firmer with EUR-USD lower by over 50 pips from yesterday's New York closing levels, having seen a low of 1.2866. A similar price action was seen in other pairings, including Cable, which dropped back under 1.6400 after logging a two-week high at 1.6525 as the market reacted to the decisive "No" to independence outcome of Scotland's referendum. Read more

XE Market Analysis: Europe - Sep 19, 2014

By: XE Market Analysis

Sterling rallied as Scotland voted "No" to independence, avoiding what would have been a chaotic break away from the United Kingdom. With 31 out of the nation's 32 council areas having declared after Thursday's vote, as of the time of writing, the No side has an unassailable lead. Read more

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