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

AD

XE Market Analysis: Dollar Weakens as Global Optimism Surges

By: xemarketanalysis

OVERVIEW Growth in US private payrolls exceeds expectations. Fed minutes show uncertainty about tax cut impact on the economy. UK service sector picks up in December. Eurozone PMIs confirm growth still firming. Global stock markets hit fresh record highs, oil prices reach $68 a barrel. Read more

XE Market Analysis: Asia - Jan 04, 2018

By: XE Market Analysis

The FX market was relatively quiet in N.Y. on Thursday, with major dollar pairings maintaining narrow ranges throughout. The DXY remained under the 92.00 mark, though stayed above Tuesday's three-plus month low of 91.75. A strong ADP jobs report provided some support to the greenback, though there was little follow through seen, especially with the BLS jobs report due on Friday. Read more

My K.I.S.S. forecast for the first half of 2018

By: New_Deal_democrat

At the outset of every year I lay out a forecast for each half. My method of forecasting is pretty simple -- in fact so simple, I call it the K.I.S.S. method. Even though the Index of Leading Indicators is the statistic most denigrated by Wall Street forecasters, it has the inconvenient habit of being right more often than the highly-paid punditocracy, especially at turning points. Read more

XE Market Analysis: North America - Jan 04, 2018

By: XE Market Analysis

The dollar whittled away gains seen yesterday following the release of the FOMC minutes. EUR-USD recovered above 1.2050, over 50 pips up on the post-minutes low, while USD-JPY settled to a choppy range around 112.50 after logging a high in early Tokyo trading at 112.77. Read more

XE Market Analysis: Europe - Jan 04, 2018

By: XE Market Analysis

The dollar has settled off the highs it saw in the wake of the FOMC minutes release yesterday, which showed members to be contemplating the impact of the tax cut, which was seen as having scope to raise consumption and capex. USD-JPY gave back of half of its post-FOMC minutes gains in declining to around 112.50. Read more

XE Market Analysis: Asia - Jan 03, 2018

By: XE Market Analysis

The dollar posted modest gains in N.Y. on Wednesday, taking the DXY from overnight lows of 91.81, to 92.24 highs, before pulling back to near 92.05. A strong U.S. manufacturing ISM outcome supported the greenback, though there appeared to be little USD buying conviction in the market ahead of the key December jobs report on Friday. Read more

XE Market Analysis: US Dollar Regains Footing

By: xemarketanalysis

OVERVIEW US manufacturing activity accelerates; construction spending hits a record high. USD higher against the majority of G10 counterparts. German unemployment is at a record low. Fresh record highs for US stock markets. Oil prices hit fresh 2-1/3 year highs. HIGHLIGHT Unemployment in Germany hit a record low of 5.5% last month as its jobless total fell more than expected as Europe's powerhouse continues to enjoy a broad-based economic upturn. Read more

XE Market Analysis: Europe - Jan 03, 2018

By: XE Market Analysis

The dollar has settled after yesterday extending the recent run lower. EUR-USD oscillated in a narrow range in the mid 1.20s, below the four-month high posted yesterday at 1.2082. USD-JPY steadied following a seven consecutive session run lower, which yesterday left a 19-day low at 112.05. Read more

XE Market Analysis: US Dollar Begins New Year on the Defensive

By: xemarketanalysis

OVERVIEW GBP rising despite slower manufacturing growth. The Euro climbs towards 2.5-year highs, record high manufacturing activity. Chinese manufacturing growth unexpectedly picked up to a four-month high in December. Singapore growth cools, but currency rises on monetary policy bets. Read more

XE Market Analysis: Asia - Jan 02, 2018

By: XE Market Analysis

The dollar started the year under pressure, as it has been since mid-December. The DXY fell to a better than three-month low of 91.77 into the open, before recovering marginally. EUR-USD bottomed at 1.2027, down from overnight highs of 1.2081, before settling near 1.2050. Read more

Pages

Paste link in email or IM