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

AD

XE Market Analysis: North America - Mar 10, 2014

By: XE Market Analysis

Some chop was seen today, with data disappointments out of China and Japan fuelling a risk-off session in Asia before sentiment recovered poise in the European AM session, which was aided by a flurry of corporate deal announcements and the memory of last Friday's the solid U.S. Read more

International Week in Review: Peering Into the Mind of A Central Bank Edition

By: HaleStewart

This week there were several important economic numbers, the most important of which was the 175,000 increase in the number of jobs in the US. While the previous two months' figures were revised slightly higher, the 175,000 number helped to quell the mounting concern among traders and economists that the US economy was slowing. Read more

XE Market Analysis: Asia - Mar 07, 2014

By: XE Market Analysis

The dollar lurched broadly higher after the better February NFP print on Friday, which came in at 175k versus expectations for a 145k print. EUR-USD fell from pre-open, two-plus year highs of 1.3915, to 1.3852 lows. USD-JPY meanwhile, spiked to 103.75 from 102.90. Read more

XE Market Analysis: North America - Mar 07, 2014

By: XE Market Analysis

The USD traded on the soft side as the U.S. February employment release loomed. EUR-USD ticked up to a fresh high of 1.3873 while USD-JPY dipped under the Tokyo low, to 102.83. AUD-USD has taken out mid-January highs in rallying to a three-month low of 0.9119, which is partly reflecting Aussie outperformance as data this week and RBA-speak by Governor Stevens today has challenged what had been a prevailing bearish view of the Australian currency. Read more

XE Market Analysis: Europe - Mar 07, 2014

By: XE Market Analysis

A quiet, pre-U.S. jobs report session has been seen in Asia where narrow ranges prevailed. EUR-USD flat-lined in an ultra-tight range around 1.3860, consolidating the rally from the low 1.37s that was seen after the ECB announced its refrain from taking further monetary easing following its March meeting. Read more

XE Market Analysis: Asia - Mar 06, 2014

By: XE Market Analysis

The dollar and yen were lower in N.Y. trade on Thursday, with the euro rallying sharply following the ECB policy announcement and press conference. The Bank upped its growth forecast, tamping down further easing prospects in the process and taking EUR-USD over 1.3870. Read more

The ECB Drops The Policy Ball

By: HaleStewart

Today we learned the the ECB is maintaining their overall low interest rate policy.  This, at a time, when several major economic statistics are literally screaming the need to engage in additional stimulus.  Read more

XE Market Analysis: North America - Mar 06, 2014

By: XE Market Analysis

The main movements were JPY weakness and AUD strength in otherwise quiet trade ahead of the BoE and ECB announcements. The JPY fell for the third consecutive day as its usual inverse correlation with risk appetite persisted, with stocks trading higher in both Asia and Europe. Read more

XE Market Analysis: Europe - Mar 06, 2014

By: XE Market Analysis

The JPY weakened as stock markets rallied, the AUD rose following a robust set of Australian data, while the euro and sterling were steady ahead of today's ECB and BoE meetings. USD-JPY rose to 102.77, breaching above its 50-day moving average and coming within five pips of the Fe-21 peak. Read more

XE Market Analysis: Asia - Mar 05, 2014

By: XE Market Analysis

The dollar was mixed in N.Y. trade on Wednesday, easing early on the back of a softer ADP employment print, and softer non-manufacturing ISM. Slightly easier Treasury yields weighed as well, particularly on USD-JPY. EUR-USD found support a couple of times, and eventually made its way to 1.3745 in relatively light dealings. Read more

Pages

Paste link in email or IM