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XE Market Analysis: Asia - Oct 28, 2016

By: XE Market Analysis

The dollar was fairly steady through the morning session, getting a modest boost from the better U.S. GDP report. EUR-USD remained near the 1.0900 mark until early afternoon, while USD-JPY held above 105.00 after posting new three-month highs of 105.53. Read more

Q3 GDP: Indian Summer now, but a darkening sky on the horizon

By: New_Deal_democrat

Real GDP for Q3 was reported this morning, and as I am sure you already know, it was the best in four quarters: This is, as I have said frequently over the last few months, Indian Summer. The economy accelerated to a very decent, if not spectacular, rate of growth. Read more

US Dollar Remains Strong Closer to Presidential Election

By: xemarketanalysis

OVERVIEW US Q3 advance GDP is released at 2.9% annualised against the expected 2.6%, where exports were significantly higher as personal consumption slumped. Read more

XE Market Analysis: North America - Oct 28, 2016

By: XE Market Analysis

The dollar struggled for direction, overall, with EUR-USD remaining rooted to the 1.0900 level, despite net encouraging data of the Eurozone, and with USD-JPY settling back to near net unchanged levels after edging out a fresh three-month peak at 105.42. Read more

XE Market Analysis: Europe - Oct 28, 2016

By: XE Market Analysis

USD-JPY rallied to a fresh three-month peak at 105.37 concomitantly with a spike in U.S. Treasury yields. EUR-JPY managed to edge out a two-week peak, while AUD-JPY has remained below the three-month high seen earlier in the week. The weaker yen fuelled Japanese stock market outperformance, with the Nikkei 225 closing with a 0.7% while most Asian bourses posted losses. Read more

XE Market Analysis: Asia - Oct 27, 2016

By: XE Market Analysis

The dollar was on a firmer footing through the N.Y. session on Thursday, resulting in USD-JPY climbing to three-month highs, USD-CAD to a seven-month top. EUR-USD faded, though remained above lows of the week. Cable meanwhile, eased into 1.2150, despite the better U.K. Read more

More mixed signals in the housing market

By: New_Deal_democrat

The picture of the housing market go a little bit less murky this week, and a little bit brighter. First of all, new home sales, while down from the July peak, continued with the upward trend. Thhis is best shwon by comparing the more noisy monthly data (blue) with the quarterly average (red): The quarter over quarter trend has been relentlessly positive this year. Read more

XE Market Analysis: UK Post Brexit Economy Resilient in Q3

By: xemarketanalysis

OVERVIEW Sterling jumps from below 1.21 on Tuesday to testing towards 1.23 helped by the strong Q3 GDP reading. The Mexican Peso weakens as Trump starts to edge ahead in the polls, especially in Florida. The trade deficit in the US grows as the US Dollar’s strength bites into its competitiveness. HIGHLIGHT Q3 GDP data demonstrated the resilience of the UK economy post Brexit by growing by 0.5%. Read more

XE Market Analysis: Europe - Oct 27, 2016

By: XE Market Analysis

EUR-USD oscillated around 1.0900 and USD-JPY around 104.50 in mostly eventful forex trading ahead of the London open. USD-JPY has run out of puff after logging a three-month peak at 104.87 on Tuesday. EUR-JPY and other yen crosses have seen a similar price action. Read more


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