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

AD

XE Money Transfer: Pound Rises to Highest Point in a Year, Dollar Sinks on Dovishness

By: xemarketanalysis

OVERVIEW Sterling hits a year-long high point as PM May and her team prepare to head back to the negotiation table with EU Chief Negotiator Barnier and EU leaders. USD steadies after The Fed keeps rate hikes on hold in the frigid day before February Oil up, yet Canada's November GDP was down by the predicted 0.1% HIGHLIGHT It's difficult to predict who will blink first on the Brexit front. Read more

XE Market Analysis: North America - Jan 31, 2019

By: XE Market Analysis

The Dollar steadied during the London interbank AM session after dropping sharply in the wake of the Fed's shift-to-neutral policy signal yesterday. The U.S. currency saw fresh lows against most currencies, though the pace of declines moderated compared to the losses seen in the initial wake of the Fed's communication yesterday. Read more

XE Market Analysis: Europe - Jan 31, 2019

By: XE Market Analysis

The Dollar is trading at a lower band versus most currencies after the Fed turned decidedly neutral yesterday. The USD index (DXH9) dove nearly 1% in printing a three-week low, with EUR-USD concurrently rallying by a similar magnitude in posting a three-week high at 1.1508. Read more

XE Market Analysis: Asia - Jan 30, 2019

By: XE Market Analysis

The dollar slid lower after the FOMC announcement, where no changes to rates were made, as-expected. The statement removed reference to further gradual rate increases, and said the Fed was prepared to adjust balance sheet normalization, both of which weighed on the Greenback. Read more

XE Market Analysis: Sterling Rises Higher as PM May Hopes to Win Over EU Leaders

By: xemarketanalysis

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely. There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. Read more

XE Market Analysis: Sterling Rises Higher as UK Parliament Vows to Amend Brexit Agreement

By: xemarketanalysis

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely. There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. Read more

XE Market Analysis: North America - Jan 30, 2019

By: XE Market Analysis

The Dollar has traded near net flat versus the Euro and Yen, while losing modest ground to the Pound, which managed to recoup some of the Brexit-related losses seen during the NY PM session yesterday, and the Australian Dollar, which has been the day's outperformer. Read more

XE Market Analysis: Europe - Jan 30, 2019

By: XE Market Analysis

The Dollar majors have been plying narrow ranges for the most part, with Sterling consolidating after dropping by about 1% versus the Dollar following the UK Parliament's Brexit votes late yesterday. USD-JPY has traded within a 25 pip range so far today, in the low-to-mid 109.0s. Read more

XE Market Analysis: Asia - Jan 29, 2019

By: XE Market Analysis

The Dollar was quite steady through the N.Y. session on Tuesday, ticking down slightly after a much weaker U.S. consumer confidence print, though holding its own over all. EUR-USD dipped to 1.1411 from 1.1445 into the open, while USD-JPY peaked at 109.54 early, before slipping to 109.28 lows. Read more

XE Market Analysis: Sterling Wears the Crown for Best Performing G-10 Currency

By: xemarketanalysis

OVERVIEW The US Dollar Index halts a three-day freefall ahead of FOMC announcement GBP/USD oscillates around the mid-point of 1.31 as MPs gather to debate Brexit Plan B before tonight's critical vote NYMEX WTI Crude is up 2.40% after the Trump administration imposes sanctions on Venezuela HIGHLIGHT MPs gather at Westminster to debate Plan B of the exit deal, and we expect the GBP/USD to travel through a choppy session. Read more

Pages

Paste link in email or IM