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

AD

XE Market Analysis:US Dollar Feels the Heat as We Enter the Final Week of June

By: xemarketanalysis

OVERVIEW The greenback is under selling pressure ahead of this week's G20 meetings. The Canadian loonie continues to strengthen against the US dollar, backed by higher WTI crude oil prices. Read more

XE Market Analysis: North America - Jun 24, 2019

By: XE Market Analysis

The Dollar has started the week on a soft footing, which drove EUR-USD to a new three-month high at 1.1395, despite the sub-forecast German Ifo data. EUR-JPY also saw a new 11-day peak, while the common currency has remained buoyant against other currencies. Read more

XE Market Analysis: Europe - Jun 24, 2019

By: XE Market Analysis

Both the Dollar and Yen had been softening against most other currencies amid a cautious risk-on sentiment in global markets, underpinned by expectations for more policy accommodation by major central banks and a degree of relief that the U.S. and China have retuned to dialogue ahead of this week's G20 summit in Japan. Read more

XE Market Analysis: Asia - Jun 21, 2019

By: XE Market Analysis

The Dollar index fell to three-month lows of 96.25 in N.Y. trade on Friday, opening the session near 96.65. Fallout from Wednesday's dovish FOMC outcome remained a driver, though Treasury yields managed small gains after stronger U.S. housing data. EUR-USD advanced to 1.1368 from early lows near 1.1300. Read more

XE Market Analysis: North America - Jun 21, 2019

By: XE Market Analysis

The Dollar majors have been trading mixed, with the U.S. currency itself consolidating, on net, following a two-day phase of underperformance. EUR-USD lifted out of the intraday low at 1.1283 at the trigger of forecast-beating flash June PMI estimates out of Germany and France, which drove the June flash Eurozone Composite PMI to a seven-month high of 52.1, up from 51.8 in May. Read more

XE Market Analysis: Europe - Jun 21, 2019

By: XE Market Analysis

USD-JPY fell for a third day and posted a fresh five-month low at 107.04. A combo of ramped-up expectations for Fed rate cuts, coupled with a rekindling risk-off vibe in global markets amid concerns about the escalation in U.S.-Iran tensions, pushed the pairing lower. Read more

XE Market Analysis: Asia - Jun 20, 2019

By: XE Market Analysis

The Dollar attempted to rally in morning trade, as Wall Street surged on spillover FOMC dovishness and mixed incoming data. The Greenback pulled back later, as stocks faded some,and Treasury yields remains soft, taking the 10-year rate under 2.00%. EUR-USD topped at 1.1315 early, later bottoming at 1.1271, then edging back over 1.1290. Read more

XE Market Analysis: The US Dollar Bears the Brunt of Impatient Currency Markets

By: xemarketanalysis

OVERVIEW The greenback is unable to arrest its broad-based decline after the Fed's dovish interest rate hold The Canadian loonie jumps higher, fuelled by strong crude oil prices. Read more

XE Market Analysis: North America - Jun 20, 2019

By: XE Market Analysis

The Dollar extended losses that were ignited by the Fed's dovish guidance yesterday. The USD index hit an eight-day low at 96.68, extending the decline from pre-Fed announcement levels to comfortably over 0.5%. EUR-USD concurrently posted a high at 1.1306 so far, the loftiest level seen sine June 12. Read more

XE Market Analysis: Europe - Jun 20, 2019

By: XE Market Analysis

The Dollar has rotated lower after the Fed span dovish in its guidance following the FOMC meeting. The USD index has dropped by 0.7% from pre-announcement levels to a low at 96.278, seen earlier in the pre-Europe Asian session, while EUR-USD has concurrently rallied by over 0.5% in making a six-day high at 1.1284. Read more

Pages

Paste link in email or IM