Home > XE Currency Blog > XE Currency Blog - Market Analysis & Forex News
The dollar took a downward shift. USD-JPY posted a low at 105.72, which is less than 40 pips from the day's peak. Cable clocked a peak at 1.3104, marking a 50% retrace of Friday's drop. AUD-USD printed a high at 0.7185. Both Cable and AUD-USD remained below their respective trend highs that were seen last week, as did EUR-USD, which settled near the 1.1750 level. Read more
The dollar has traded moderately firmer, seeing fresh rebound highs in the case against the euro. EUR-USD carved out a six-day low at 1.1753, extending the correction from the 27-month high that was pegged last Thursday at 1.1917. Friday's above-forecast U.S. Read more
The major currencies have been posting narrow ranges so far today in thin trading conditions, with Japan and Singapore closed for public holidays and with the summer holiday season in full swing in Europe and North America. EUR-USD settled in a narrow range just above Friday's six-day low at 107.55. Read more
The U.S. jobs report defied the market's downside fears with solid July job gains, and allowed the Dollar to rally into the weekend. While the NFP outcome was a bit light of consensus forecasts, it was good enough for markets to breath a sigh of relief. Read more
The dollar rallied on position trimming into the U.S. payrolls report. The narrow trade-weighted USD index (DXY) posted a two-day high at 93.22, extending the rebound from the 27-month low seen yesterday at 92.53. EUR-USD has printed a two-day low at 1.1810 low and over a big figure down from yesterday's 27-month peak. Read more
The narrow trade-weighted USD index (DXY) posted a two-day high at 93.16, extending the rebound from the 27-month low seen yesterday at 92.53. EUR-USD concurrently retreated to a 1.1819 low, which is a pip shy of yesterday's low and 2 pips shy of making it a big figure correction from yesterday's 27-month peak. Read more
The Dollar bounced from the fresh lows seen overnight, overall recovering through the London morning session. The USD posted modest gains in early N.Y. following improved initial and continuing jobless claims, though as Treasury yields turned sharply lower, the Greenback lost its modest bid, and headed down again. Read more
The dollar posted fresh lows against the euro and some other currencies, particularly the pound, which rallied on the back of the BoE's post policy meeting statement, before managing a rebound. The USD index edged out a fresh 27-month low at 92.53, continuing what is a fourth consecutive week of decline and a fourth straight month of decline, dropping by just over 10% from the early March peak. Read more
The USD index edged out a fresh 27-month low at 96.53, continuing what is a fourth consecutive week of decline and a fourth straight month of decline, dropping by just over 10% from the early March peak. The loss of confidence in the U.S. currency has partly been reflected in the ongoing rally in gold, which has remained buoyant after posting a fresh record nominal high at $2,057.50 yesterday. Read more
