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XE Market Analysis: North America - Oct 24, 2016

By: XE Market Analysis

The dollar majors posted narrow ranges, with EUR-USD and USD-JPY trading narrowly in the respective upper 1.08s and upper 103.0s. USD-CAD managed a new trend peak follow dovish sounding BoC-speak over the weekend. The CNY continued to weaken, the PBoC today fixing it at a six-year low at 6.769. Read more

XE Market Analysis: Europe - Oct 24, 2016

By: XE Market Analysis

The dollar opened the week in consolidative mood, holding near recent highs. The euro was also steady after recent underperformance, seen as markets factored in the ECB extending its QE program beyond next March, which is expected to be announced at the December council meeting. Read more

International Economic Week in Review: Is The Long Period of Deflation Over?

By: HaleStewart

After years of discussing the possibility of developed world deflation, inflation might be accelerating, relatively speaking. The latest reading of Chinese producer prices was positive for the first time in three years. Due to China’s position as the world’s manufacturer, this could eventually seep into other developed economies such as the EU and US. Read more

Fed President Fisher Explains Why Rates Are So Low

By: HaleStewart

Recently, Donald Trump accused the Federal Reserve of deliberately keeping rates low for purely political gain. Several other Republican Congressmen and bloggers have made similar allegations. But these pronouncements run counter to empirical data. Read more

US Equity and Economic Review: Expect a Slight Move Lower

By: HaleStewart

This week’s news confirmed that the US economy continues to grow moderately. The Fed’s Beige Book and Conference Boards LEI/CEI release confirmed one another’s general observation the economy is advancing, albeit slowly. The housing market continues to offer positive news while the industrial sector’s weak growth continues. Read more

Weekly Indicators: the wobbles turn more neutral edition

By: New_Deal_democrat

September data included an increase in the index of Leading Indicators, driven in part by an increase in housing permits. Existing home sales also increased. In contrast, housing starts declined sharply. Industrial production rose slightly, while capacity utilization fell. Read more

XE Market Analysis: Asia - Oct 21, 2016

By: XE Market Analysis

The dollar advanced further in N.Y. trade on Friday, taking EUR-USD to seven-month lows of 1.0860. USD-CAD also made a seven-month high of 1.3350 on the back of soft Canadian data, and wobbly oil prices. Cable recovered from lows near 1.2170, topping at 1.2242 into the Friday close. Read more

XE Market Analysis: Chinese Yuan Hits 6-Year Low

By: xemarketanalysis

OVERVIEW The ECB left its QE program on hold, unveiling that there were no discussions for any further loosening in policy. In the UK, the release of the public finances reported a widening in the public finances deficit. The Euro drops to its lowest levels since June against the US dollar as investors feel underwhelmed by the ECB. Despite a decrease in the number of jobs in Australia, the unemployment rate dipped to 5.6% HIGHLIGHT The Chinese Yuan hit a new six-year low, above 6.76 against the US dollar. Read more

XE Market Analysis: North America - Oct 21, 2016

By: XE Market Analysis

The dollar continued to traded firmly, driving, with the help of a generally soft euro, EUR-USD to a seven-month low. The dollar logged an eight-day peak versus the Canadian dollar and a four-day high against sterling, though the greenback remained below the four-day high it saw against the yen yesterday. Read more


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