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

AD

XE Market Analysis: Europe - Dec 30, 2014

By: XE Market Analysis

The euro has traded lower in quiet markets in the pre-European open session in Asia. 'Grexit' concerns and expectations that the ECB is on course to announce a QE program at its Jan-22 policy meeting have been weighing. EUR-USD fell to a 29-month low at 1.2124, bringing the July 2012 major-cycle low at 1.2042 into scope. Read more

XE Market Analysis: Asia - Dec 29, 2014

By: XE Market Analysis

FX trade was subdued through the N.Y. session on Monday, though the dollar managed to move broadly higher. EUR-USD touched new trend lows of 1.2145, while USD-JPY made its way over 120.70 from lows near 120.50. Oil prices dropped to new lows under $53, as Wall Street was steady, and yields were virtually unchanged. Read more

XE Market Analysis: North America - Dec 29, 2014

By: XE Market Analysis

The dollar traded slightly lower. EUR-USD lifted to a high of 1.2221 after closing Friday at 1.2175/6, subsequently settling around 1.2200. Markets were at the time of writing waiting for the results of the third and final vote in the presidential election. Read more

XE Market Analysis: Europe - Dec 29, 2014

By: XE Market Analysis

The dollar traded slightly lower in quiet pre-Europe trade in Asia. EUR-USD lifted to a high of 1.2201 after closing Friday at 1.2175/6, subsequently settling around 1.2190. Cable saw a similar price action, as did AUD-USD, which rose to a peak of 0.8149 before settling around 0.8130. Read more

International Economic Preview For the Week of December 29-January 2

By: HaleStewart

Like last week, this week has a major, world-wide holiday right in the middle of the week, making this a holiday week, more or less. However, there are still economic numbers coming out. So, focus on the following releases this week. Tuesday UK House Price Index: There are two house price indexes in the UK. Read more

Weekly Indicators: Saudi Claus gifts US consumers with spending edition

By: New_Deal_democrat

Monthly November reports included New and Existing home sales, both down, and New sales down YoY as well. Durable goods were also negative. Consumer sentiment declined slightly from its recent high level. On the other hand, consumer income and spending both rose strongly, and the Chicago national activity index rose to its best level since the recession. Read more

November housing sales: a detailed look

By: New_Deal_democrat

With all of the important housing sales reports in for November, let's take a detailed look at that market. Let me start out by quickly explaining why I pay so much attention to the housing market. It is because no other single economic indicator so accurately foretells the health of the economy 12-18 months later than housing, and in particular new housing sales. Read more

Potential 2015 Flashpoint #1: Russia

By: HaleStewart

At the beginning of this year, Russia wasn’t on anybody’s economic radar. While their growth had slowed, the general consensus was this was due to a BRIC economy that was heavily dependent on oil revenue facing the need to diversify its sources of growth. Read more

US and UK Have Strong 3Q Growth Numbers

By: HaleStewart

While oil’s price collapse and the resulting damage to the Russian economy have garnered most economic headlines over the last few weeks, two final 3Q GDP prints have gone a bit unnoticed as the UK and US saw strong final numbers. Let’s start with the UK, where GDP grew 2.6% Y/Y. Read more

XE Market Analysis: North America - Dec 24, 2014

By: XE Market Analysis

FX trade was very quiet overnight, and more of the same can be expected this morning, with most set for an early departure for the Christmas break. Aside from a brief nudge over the figure in London, EUR-USD stayed under the 1.2200 mark throughout, while USD-JPY remained comfortably on the 120 handle.[EUR, USD]EUR-USD traded briefly over the 1.22 mark in London dealings, peaking at 1.2207 before being pushed back under the figure. Read more

Pages

Paste link in email or IM