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

AD

XE Market Analysis: Asia - Jun 27, 2013

By: XE Market Analysis

The dollar traded higher through the morning session in N.Y. on Thursday, following stronger U.S. economic releases. May personal income beat expectations, while weekly jobless claims were in-line. May pending home sales were much better than forecasts, and resulted in the dollar moving to session highs in morning dealings. Read more

XE Market Analysis: North America - Jun 27, 2013

By: XE Market Analysis

The FX market was relatively quiet overall as month-end/quarter-end reduced volumes. Asia provided a positive lead, while in Europe the tone was more mixed, which dampened on activity. EUR marked time above 1.3000 throughout. However, GBP dropped after U.K. Read more

XE Market Analysis: Europe - Jun 27, 2013

By: XE Market Analysis

Sentiment in early Europe is positive after a relatively calm Asian session as concerns over central bank policy recede. The EUR is trading on a steadier footing as the USD eased overnight on risk appetite. The disappointing U.S. GDP revision reduced expectations over Fed tapering and the dollar has traded more like a funding currency again overnight, though we still think the dollar downside will remain limited as most recent U.S. Read more

XE Market Analysis: Asia - Jun 26, 2013

By: XE Market Analysis

The dollar slipped some after the soft Q1 U.S. GDP revision, though overall retained its poise through the session. EUR-USD weakness was a highlight, as that pairing traded to lows of 1.2985, after peaking over 1.3050. Recent ECB dovish commentary should continue to weigh on the euro. Read more

XE Market Analysis: North America - Jun 26, 2013

By: XE Market Analysis

The dollar was supported and the euro fell amid Tuesday's firm U.S. data round and an ongoing communication offensive by ECB's Draghi and co, who guided money market rates lower, put a floor under stocks and reduced eurozone bond yield spreads today. Italy tried to limit the fallout from reports that it could be nursing heavy losses on derivatives restructuring that was carried out at the height of the eurozone crisis. Read more

XE Market Analysis: Europe - Jun 26, 2013

By: XE Market Analysis

Equity market performance guided action across FX today. Sentiment was positive in early trade after yesterday's rebound on the SSEC into the close and a strong close for Wall Street and Europe. However, the pick up in speculative flows dampened as the session progressed. Read more

XE Market Analysis: Asia - Jun 25, 2013

By: XE Market Analysis

The dollar moved broadly higher in N.Y. trade on Tuesday, helped by a series of positive U.S. data releases. The May durables report was strong, while April home prices edged up, and May new home sales beat expectations. June consumer confidence was sharply higher, and the Richmond Fed index beat the mark as well. Read more

XE Market Analysis: North America - Jun 25, 2013

By: XE Market Analysis

The dollar traded on the easier side as sentiment improved in Europe. EUR held firm over 1.3100, Cable was supported under 1.5450 and the commodity bloc currencies rallied. The turnaround in sentiment came after China's SSEC posted a late rebound. After losing more than 5% to move into bear market territory it cut losses to end 0.2% lower. Read more

XE Market Analysis: Europe - Jun 25, 2013

By: XE Market Analysis

Risk aversion continued to influence as China experienced another round of deep losses, which took the SSEC into bear market territory. However, the impact on the FX market was more muted and the G10 FX experienced an inside day. The EUR marked time close to 1.3100, Cable found a foothold over 1.5400, while AUD trade close to 0.9200. Read more

XE Market Analysis: Asia - Jun 24, 2013

By: XE Market Analysis

The dollar rallied further in N.Y. morning trade on Monday, taking EUR-USD to 1.3065 lows. Commodities eased back and equities sold off sharply on the back of China liquidity concerns, and as markets continued to adjust to perceptions that policy agendas at the Fed and in China are changing. Read more

Pages

Paste link in email or IM