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XE Market Analysis: Asia - Sep 27, 2018

By: XE Market Analysis

The Dollar index rose to a near two-week high in N.Y. trade on Thursday, aided by generally good incoming U.S. data, and spillover buying following the Fed's rate hike on Wednesday. The DXY topped at 94.89, after opening near 94.45. EUR-USD fell to 1.1554 from opening highs of around 1.1720. Read more

XE Market Analysis: USD/EUR Bear Morphs to Bull as trades above 50-day average

By: xemarketanalysis

OVERVIEW EUR-USD found its feet after posting a one-week low at 1.1685 USD/CAD hits 1.31, retreats to mid-1.30s amidst continuing NAFTA negotiations.  Read more

XE Market Analysis: North America - Sep 27, 2018

By: XE Market Analysis

The main theme has been dollar and yen firmness against most other currencies, amid a risk-off backdrop, though both currencies came off their highs. EUR-USD found its feet after posting a one-week low at 1.1685, settling back in the lower 1.1700s. There had bee a flurry of Euro selling a the European open, though the common currency ended up showing modest gains versus Sterling and the Swiss Franc, while showing modest losses to the Dollar and Yen (as of the early European PM session). Read more

XE Market Analysis: Europe - Sep 27, 2018

By: XE Market Analysis

Both the dollar and yen have lifted against most other currencies, with the Japanese currency outperforming its North American counterpart. This comes a risk-off backdrop, with Asia stock markets, after starting firmly, having come under pressure. Japan's Nikkei 225 closed 1% for the worse, while the Shanghai Composite reversed out of an AM-session gain, and is presently at its lows and showing a 0.6% loss in the second hour of the PM session. Read more

XE Market Analysis: Asia - Sep 26, 2018

By: XE Market Analysis

FX trade was quiet through the morning session, as traders largely sat on their hands ahead of the FOMC announcement. The Dollar turned modestly lower after the Fed raised rates by 25 basis points, as expected, and kept another December hike on the table. Read more

XE Market Analysis: North America - Sep 26, 2018

By: XE Market Analysis

The Dollar has traded with a slight upside bias ahead of potential market-jolting events. USD-JPY briefly traded above 113.00 for the first time since mid July, posting a high at 113.02 just after the Tokyo fixing before settling to a narrow range in the upper 112.00s. Read more

XE Market Analysis: Europe - Sep 26, 2018

By: XE Market Analysis

Mostly narrow ranges have prevailed so far today. EUR-USD has continued to make time in the mid 1.1700s, holding below the two-month that was seen earlier in the week at 1.1815. USD-JPY traded above 113.00 for the first time since mid July, posting a high at 113.02 just after the Tokyo fixing before settling to a narrow range just under the figure. Read more

XE Market Analysis: Greenback Trades in Negative Territory Ahead of Fed Meeting

By: xemarketanalysis

OVERVIEW The Dollar Index is lower against G-10 peers amidst growing trade tensions The Euro is trading near a 3-month high following hawkish comments from ECB President Draghi Still no breakthrough on NAFTA with talks reopening Wednesday Oil futures move higher, up 45 cents on the day to trade near a 4-year high HIGHLIGHT WTI oil futures are trading near a 4-year high. Read more

XE Market Analysis: North America - Sep 25, 2018

By: XE Market Analysis

The Euro traded firmer amid a sharp drop in BTP yields on fresh signs of budgetary prudence from the new populist government in Italy. The biggest mover was EUR-CHF, which was up 0.3% as of the early London PM. EUR-USD was choppy, posting a high at 1.1774, then dropping to a 1.1733 low before lifting back above 1.1760. Read more

XE Market Analysis: Europe - Sep 25, 2018

By: XE Market Analysis

Most pairings and cross rates have posted narrow ranges so far today, although USD-JPY and some yen crosses saw some movement, rising during the Tokyo AM session before ebbing back. USD-JPY posted a two-month high of 112.98, capping out here in the face of Japanese exporter offers. Read more

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