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

AD

XE Market Analysis: North America - May 14, 2021

By: XE Market Analysis

The dollar has softened, tracking the ebb in Treasury yields, which at the 10-year maturity saw the yield drop back under 1.64% from yesterday's highs just above 1.70%. The DXY USD index posted a two-day low at 90.44, extending the correction from yesterday's one-week high at 90.91. Read more

XE Market Analysis: Europe - May 14, 2021

By: XE Market Analysis

The dollar has softened moderately, tracking the ebb in Treasury yields, which at the 10-year maturity saw the yield drop back under 1.66% from yesterday's highs just above 1.70%. The DXY USD index settled about 20-30 pips down on yesterday's one-week high at 90.91. Read more

XE Market Analysis: Asia - May 13, 2021

By: XE Market Analysis

The Dollar was a bit choppy in N.Y. on Thursday, though within relatively narrow trading ranges, and overall ending little changed. The DXY started near 90.80, dipped to 90.60, then printed highs of 90.83 into the London close. The hotter than expected April U.S. Read more

XE Market Analysis: North America - May 13, 2021

By: XE Market Analysis

The dollar extended gains seen after yesterday's hotter than expected print on U.S. CPI for April. The DXY USD index posted a new high for the week at 90.91. EUR-USD concurrently pegged a one-week low at 1.2051, which extended the correction from the 10-week high that was seen earlier in the week at 1.2107. Read more

XE Market Analysis: Europe - May 13, 2021

By: XE Market Analysis

The dollar has consolidated gains seen after yesterday's hotter than expected print on U.S. CPI for April. The DXY USD index has settled under the 90.80 post-data high, which is the loftiest level seen since last Friday. EUR-USD has concurrently settled above yesterday's low at 1.2065, which extended the correction from the 10-week high that was seen earlier in the week at 1.2107. Read more

XE Market Analysis: Asia - May 12, 2021

By: XE Market Analysis

The DXY ran up to highs of the week at 90.65 from near 90.30 in the immediate aftermath of the hot CPI outcome, though quickly fell back to intra day lows of 90.17. Treasury yields eventually headed higher from the initial knee-jerk moves, which ultimately supported the USD overall. Read more

XE Market Analysis: North America - May 12, 2021

By: XE Market Analysis

The dollar edged out a new high for the week by the measure of the DXY USD index and against the euro, with EUR-USD pinning a low at 1.2115 to put in a little distance from the 10-week peak that was touched yesterday at 1.2182. The dollar also posted gains versus the Australian and New Zealand dollars, which have continued to ebb amid the risk-wary, inflation-concerned sentiment that has continued to course through global asset markets. Read more

XE Market Analysis: Europe - May 12, 2021

By: XE Market Analysis

The dollar edged out a new high for the week by the measure of the DXY USD index and against the euro, with EUR-USD pinning a low at 1.2115 to put in a little distance from the 10-week peak that was touched yesterday at 1.2182. The dollar also posted gains versus the Australian and New Zealand dollars, which have continued to ebb amid the risk-wary, inflation-concerned sentiment that has continued to course through global asset markets. Read more

XE Market Analysis: Asia - May 11, 2021

By: XE Market Analysis

The DXY dropped under the 90.00 mark for the first time since February 25, bottoming at 89.98 before bouncing slightly to 90.19 highs. The break under 90 appeared to have prompted some USD short covering, as major currencies all pulled back from their trend or near trend highs. Read more

XE Market Analysis: North America - May 11, 2021

By: XE Market Analysis

The dollar has gained for a second day, which has been a rare feat over the last five weeks. This has come amid wider recognition that the disappointing headline readings of the April U.S. jobs report was down to temporary, supply-side issues -- although sufficient to maintain the Fed's prevailing commitment to ZIRP -- and with market participants turning attention to tomorrow's U.S. Read more

Pages

Paste link in email or IM