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XE Market Analysis: Europe - Aug 17, 2017

By: XE Market Analysis

The yen has seen its safe haven bid revived following the collapse of Trump's business councils. The Japanese currency is showing a 0.3% bid going into the London interbank open, although the currency is off its highs. USD-JPY logged a three-day low at 109.76. Read more

XE Market Analysis: Asia - Aug 16, 2017

By: XE Market Analysis

The dollar was relatively steady through the morning session, though took a late hit following news the president's policy forum is disbanding, taking EUR-USD to 1.1776 from near 1.1690, and USD-JPY to session lows of 110.15 from near 110.80. Wall Street pared gains in the wake of the announcement, as yields stayed down. Read more

July housing permits and starts continue to fail to make new highs

By: New_Deal_democrat

As of last month, neither permits nor starts had made new highs since winter, and it was sufficient to tip the scales in how I look at the long leading indicators, from positive to neutral. Today's report for July showed that both permits and starts pulled back somewhat from June, but June was even stronger than originally reported, although not a new expansion high. Read more

XE Market Analysis: UK Unemployment Falls To Fresh 42-Year Low

By: xemarketanalysis

OVERVIEW Eurozone second quarter growth was upgraded to 2.2% year-on-year. ECB sources said Mario Draghi won’t discuss monetary policy at next week's Jackson Hole meeting. US housing starts and building permits both fell in July. Australian wage growth remained at a record low of 1.9% in the second quarter. HIGHLIGHT UK unemployment fell unexpectedly again in June to just 4.4%, the lowest rate since 1975 despite the economy having slowed in the first half of the year. Read more

XE Market Analysis: North America - Aug 16, 2017

By: XE Market Analysis

EUR-USD tipped back under 1.1700 amid a bout of general euro selling during the European morning. EUR-JPY also fell, despite gains in USD-JPY, and other euro crosses traded lower. There didn't appear to be a specific data or news catalyst, though yesterday's perky U.S. Read more

XE Market Analysis: Europe - Aug 16, 2017

By: XE Market Analysis

The dollar majors settled in narrow ranges. USD-JPY lost upside steam as global stock market performance turned more mixed following a rebound phase. The pair settled in the mid 110.00s after a three-day rally capped out yesterday at 110.84, an eight-day peak. Read more

XE Market Analysis - Strong U.S. Data Puts Dollar on The Front Foot

By: xemarketanalysis

OVERVIEW U.S. retail sales and Empire State Manufacturing both stronger than expected. The German economy grew slightly less than expected in the second quarter, but domestic demand stayed solid. Read more

XE Market Analysis: Asia - Aug 15, 2017

By: XE Market Analysis

The dollar rallied broadly after the better mix of U.S. data, where retail sales, the Empire State index, and home builder sentiment all beat expectations. Wall Street opened higher, though later faded to mildly red territory, as underlying geopolitical sentiment remained cautious. Read more

XE Market Analysis: North America - Aug 15, 2017

By: XE Market Analysis

The dollar remained bid for a second day, trading to three-session highs versus the euro, one-week highs against the yen, and in one-month high terrain in the case against the pound, with Cable finding extra bearish assistance from cooler than exepected inflation data out of the UK. Read more


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