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

AD

XE Market Analysis: North America - Jan 08, 2015

By: XE Market Analysis

The dollar posted fresh trend highs against the euro and sterling, and a three-day peak versus the yen, though lost some ground to the Australian and Canadian dollars, which found reprieve amid firmer equity and commodity markets today. EUR-USD traded below 1.1800 for the first time since late 2005. Read more

XE Market Analysis: Europe - Jan 08, 2015

By: XE Market Analysis

The dollar has remained bid with USD-JPY rising to a three-day peak of 119.95 and EUR-USD ebbing back toward yesterday's low at 1.1802. There wasn't any fresh leads; the move was a continuation of the broader trend. Firmer equity markets in Japan and elsewhere (aided by the FOMC minutes that showed that most members are willing to be "patient" with regard to a policy tightening) was, however, conducive for yen weakness, while a 2.4% m/m slump in German manufacturing orders should maintain the pressure on the euro. Read more

XE Market Analysis: Asia - Jan 07, 2015

By: XE Market Analysis

The dollar was broadly higher through the N.Y. session on Wednesday, as risk appetite returned to a degree. Oil prices moved briefly over $49 from overnight lows under $47, which helped support equity markets. Decent ADP employment and trade data also helped sentiment, which allowed EUR-USD to trade to new trend lows just above 1.1800. Read more

XE Market Analysis: North America - Jan 07, 2015

By: XE Market Analysis

The dollar traded posted new trend highs against the euro and other currencies. EUR-USD clocked near nine-year low of 1.1842 (EBS low) in early Asia-Pacific trade after taking out Monday's nadir at 1.1860. A subsequent bounce stalled shy of 1.1900, and the euro subsequently drifted lower. Read more

XE Market Analysis: Europe - Jan 07, 2015

By: XE Market Analysis

EUR-USD and Cable made new trend lows while USD-JPY, AUD-USD and other pairings were relatively stable. EUR-USD traded to a near nine-year low of 1.1842 (EBS low) after taking out Monday's nadir at 1.1860. The pair subsequently rebounded to the 1.1865-80 area. Read more

XE Market Analysis: Asia - Jan 06, 2015

By: XE Market Analysis

The dollar fell against the yen and euro in N.Y. trade on Tuesday, though firmed up against the CAD and sterling. EUR-USD found good support under 1.1900 in morning trade, and when Wall Street fell sharply again, along with oil prices, the euro managed highs over 1.1950. Read more

Is Oil's Sell-Off Getting Overdone?

By: HaleStewart

     Over the last few months, oil's sell-off has been the story to talk about on Wall Street.  However, let's put this situation in perspective by looking at the long-term weekly chart: Read more

XE Market Analysis: North America - Jan 06, 2015

By: XE Market Analysis

The dollar rebounded from Asian session weakness, which had been led by a big dive in USD-JPY amid sharp equity market declines. A downward revision to Eurozone December PMI data, and a big miss in UK services PMI, prompted EUR-USD and Cable selling. Read more

XE Market Analysis: Europe - Jan 06, 2015

By: XE Market Analysis

A USD-JPY sell-off led broader dollar declines as the currency corrected a chuck of recent gains. Sharp declines in equity markets, and especially an underperformance in the Nikkei 225, which lost over 3% relative to the MSCI Asia Pacific's 1.1% decline, boosted the yen, as per the currency's usual inverse correlation with equity markets during heightened periods of risk aversion. Read more

XE Market Analysis: Asia - Jan 05, 2015

By: XE Market Analysis

Most of the FX action took place ahead of the N.Y. session, where the dollar was relatively steady. After posting nine-year lows of 1.1860 in early Asia, EUR-USD ranged between 1.1893 and 1.1941, staying over the figure for most of the session. The sharp slide on Wall Street weighed on USD-JPY, taking the pairing from 120.10 to 119.38 lows. Read more

Pages

Paste link in email or IM