Home > XE Currency Blog > XE Currency Blog - Market Analysis & Forex News

AD

XE Market Analysis: Asia - Apr 28, 2016

By: XE Market Analysis

Following overnight gyrations, led by USD-JPY, FX trade was relatively calm through the N.Y. session on Thursday, with major dollar pairings largely stuck inside of narrow ranges. Wall Street stumbled on the back of a softer GDP report, though yields moved up from session lows. Read more

Housing: April 2016 update

By: New_Deal_democrat

Let me do one of my periodic updates on housing. As I have often said, I pay a lot of attention to this market because it is probably the single most leading sector of the US economy, with broader consequences one and even two years out. My mantra is: interest rates lead sales new single home sales lead permits single family permits lead multi-family permits permits lead prices prices lead inventory Let's take a look at each of these in order. Read more

Housing: April 2016 update

By: New_Deal_democrat

Let me do one of my periodic updates on housing. As I have often said, I pay a lot of attention to this market because it is probably the single most leading sector of the US economy, with broader consequences one and even two years out. My mantra is: interest rates lead sales new single home sales lead permits single family permits lead multi-family permits permits lead prices prices lead inventory Let's take a look at each of these in order. Read more

XE Market Analysis: North America - Apr 28, 2016

By: XE Market Analysis

The yen surged in the wake of the BoJ's decision to refrain from easing policy, which resolutely disappointed markets with data today showing core CPI falling to a three-year low of -0.3% y/y, well off the BoJ's 2% target. Japan's Nikkei 225 equity index finished 3.6% in the red having been showing a 1.5% gain ahead of the central bank's announcement. Read more

XE Market Analysis: Europe - Apr 28, 2016

By: XE Market Analysis

The yen surged over 2.5% in the space of less than three minutes following the BoJ's unexpected decision to refrain from easing policy. USD-JPY dove from 111.68 to a low of 108.76, more than reversing the gain seen last Friday following a Bloomberg report suggesting that the central bank would introduce negative-rate loans. Read more

XE Market Analysis: Asia - Apr 27, 2016

By: XE Market Analysis

FX trade was quiet into the FOMC announcement, though the dollar initially spiked higher after the as expected, no-change rate outcome from the FOMC. The dissent in favor of a hike by KC Fed's George, may have given a boost to the buck, though gains quickly reversed. Read more

XE Market Analysis: North America - Apr 27, 2016

By: XE Market Analysis

The dollar has traded steadily against the yen in pre-Fed/BoJ announcement trading while posting moderate loses to the euro and other European currencies, but an advance of nearly 2% against the Australian dollar, which took a bath on an unexpected deflationary CPI reading in Q1 data that catalysed speculation for the RBA to cut rates at its upcoming meeting on May-3. Read more

XE Market Analysis: Europe - Apr 27, 2016

By: XE Market Analysis

The Aussie dollar dove on CPI data out of Australia showing inflation tumbling to 1.3% y/y in Q1 from 1.7% in Q2, with the q/q figure unexpectedly turning negative for the first time since 2008, falling to -0.2%. The Aussie is nursing a 1.5% loss to the U.S. Read more

XE Market Analysis: Asia - Apr 26, 2016

By: XE Market Analysis

A relatively quiet day in FX Land in N.Y. on Tuesday, as the market girded for Wednesday's FOMC announcement. The dollar started out on a softer footing early on, though managed to recover some as the session went on. Softer durables and confidence data dented sentiment to a degree, though Wall Street remained close to flat through the session. Read more

Pages

Paste link in email or IM