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

AD

International Week In Review: Five Central Banks Issue Policy Edition

By: HaleStewart

This week five central banks (Australia, Japan, Canada, the UK and the EU) announced monetary policy decisions. Let’s look at each announcement and the overall economic condition of each economy. Australia The Australian economy is one of the better performing economies over the last few years. Read more

Recent Manufacturing and Service Data For US Very Bullish

By: HaleStewart

While today's employment report will undoubtedly be the big US economic headline of the week, the ISM manufacturing and service sectors numbers are just as important in their bullish implications. Here is a 5-year chart of the composite readings for both: The service sector (red line) is at a 5-year high while the manufacturing number (blue line) is approaching that level. 17 of 18 manufacturing industries reported growth while 15 of 17 service sectors reporting the same. Read more

XE Market Analysis: North America - Sep 05, 2014

By: XE Market Analysis

EUR-USD has been consolidating with a fractional upside bias after the steep losses of yesterday in the wake of the ECB's unexpected easing, which left a 14-month at 1.2920. USD-JPY, meanwhile, sank back toward 105.00 after rallying in early Tokyo above last December's major-trend peaks to a new high of 105.70. Read more

XE Market Analysis: Europe - Sep 05, 2014

By: XE Market Analysis

USD-JPY logged new highs while EUR-USD consolidated the steep losses seen yesterday in the wake of the ECB's unexpected easing, holding above the 14-month low of 1.2920 in a narrow range that was capped by 1.2949. USD-JPY, meanwhile, rallied in early Tokyo through last December's major-trend peaks to a new high of 105.70, before subsequently ebbing back to the 105.30-40 area. Read more

XE Market Analysis: Asia - Sep 04, 2014

By: XE Market Analysis

The dollar rallied against the European major currencies on Thursday, as the ECB made cuts to the refi and deposit rates, and announced an asset purchase program. This resulted in EUR-USD falling to 1.2920, levels last seen in July of 2013. Cable was dragged to seven-month lows of 1.6345, as USD-CHF rebounded to 0.9330, a one-year high. Read more

XE Market Analysis: North America - Sep 04, 2014

By: XE Market Analysis

Narrow ranges prevailed ahead of the potentially market-moving ECB meeting today and tomorrow's U.S. jobs report. The BoJ announced unchanged policy as was widely anticipated, and reaffirmed its commitment to the Y60-70 tln annual expansion in the monetary base. Read more

XE Market Analysis: Europe - Sep 04, 2014

By: XE Market Analysis

Narrow ranges prevailed in the pre-European session in Asia ahead of the potentially market-moving ECB meeting today and tomorrow's U.S. jobs report. The BoJ announced unchanged policy as was widely anticipated, and reaffirmed its commitment to the Y60-70 tln annual expansion in the monetary base. Read more

XE Market Analysis: Asia - Sep 03, 2014

By: XE Market Analysis

The FX market was very quiet in N.Y. trade on Wednesday, with the dollar mixed versus major currencies. EUR-USD was stuck inside of 1.3130-60, ending slightly lower on the day, while USD-JPY drifted into 104.85 in very light dealings. USD-CAD moved marginally lower after the BoC announcement, though the as-expected outcome had little overall impact, as the CAD likely strengthened on the back of an oil market rally. Read more

Is this the month the unemployment rate finally falls below 6%?

By: New_Deal_democrat

The Conference Board publishes an  Employment Trends Index which is designed to show the trend in employment some months into the future: Read more

How the Strong Australian Dollar Is Hurting Australia

By: HaleStewart

Above is a chart of the effective exchange rate of the Australian dollar compiled from BIS data. From the beginning of 2009 until early 2011, the currency rallied approximately 37.5%. The reason is twofold. First, Australia's economy has performed very well over the last 5 years and Australia has the highest reserve rate in the developed world, standing at 2.5%. Read more

Pages

Paste link in email or IM