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XE Market Analysis: Asia - Mar 22, 2017

By: XE Market Analysis

The dollar was lower again in N.Y. on Wednesday, with risk-off again in play. EUR-USD rallied to one-month highs of 1.0824, and USD-JPY to four-month lows of 110.75. Cable printed the 1.25 handle for the first time in a month, though pulled back some following the terrorist attack in London. Read more

XE Market Analysis: Global Risk Appetite Slumps

By: xemarketanalysis

OVERVIEW Investors’ risk aversion drives safe haven buying. The US Dollar is trading at a four-month low against the Yen as major indices and treasury yields plummet. US House Price Index is reported flat against an expected increase of 0.4%. BOJ deputy governor Iwata says, "a continuously falling Yen is not a benefit to the economy". HIGHLIGHT Global risk aversion grips markets as the Dollar is sold on concerns over the FBI investigation into links between President Trump's campaign and Russia will delay or worse - stop plans of major fiscal stimulus in the US. US DOLLAR The US Dollar is weaker today as risk-off trade takes over global markets. Read more

XE Market Analysis: North America - Mar 22, 2017

By: XE Market Analysis

The dollar made fresh lows versus the yen, which continued to outperform amid a risk aversion coursed its way from Wall Street, which had its worse day since last October yesterday, through Asia and into the European AM session. The greenback trade more mixed against other currencies, gaining versus the dollar bloc as commodity prices fell, and recovering some lost ground versus the euro and the pound. Read more

XE Market Analysis: Europe - Mar 22, 2017

By: XE Market Analysis

The dollar has remained under the cosh amid investor concerns that the Trump administration is getting bogged down, delaying the implementation of hoped-for reflation policies. Falling Treasury yield yields have been a driver, which have also been a kicker for financial stocks, exacerbating stock market woes in the latest phase. Read more

XE Market Analysis: Asia - Mar 21, 2017

By: XE Market Analysis

The dollar was broadly lower through the N.Y. session on Tuesday, leaving the DXY at six-week lows of 99.68. Risk-off conditions weighed generally, though for EUR-USD, talk from council members of the ECB moving to a neutral from easing bias supported the euro, taking the pairing to 1.0819 highs. Read more

Current U.S. Economic Indicators All Point to Moderate Growth

By: HaleStewart

The chart above graphs the 4 coincident economic indicators used by the Conference Board. The graph uses a base 100 methodology, using the end of the last recession as "100." Industrial production (green) is the weakest indicator. But the decline in oil production is the primary reason for the decline. Read more

XE Market Analysis: North America - Mar 21, 2017

By: XE Market Analysis

The dollar came under a fresh bout of broad pressure during the European AM session. Cable led the way with an advance of nearly 1% following hotter than expected UK inflation data, which helped the pair on its way to a three-week peak at 1.2471. EUR-USD clocked a new six-week high at 1.0804, winding in the February-2 high at 1.0828, aided by Bundesbank president and ECB member Weidmann, who argued for a shift to neutral from dovish policy stance. Read more

XE Market Analysis: Europe - Mar 21, 2017

By: XE Market Analysis

The dollar has traded mixed after tumbling in the wake of last week's "dovish rate hike" by the Fed. EUR-USD has carved out a fresh six-week peak at 1.0788, breaching above Friday's high at 1.0782. EUR-JPY and other euro crosses have also remained bid, with investors still in process of discounting reduced political risk into the euro after last week's Dutch election. Read more

XE Market Analysis: Asia - Mar 20, 2017

By: XE Market Analysis

The FX market was quiet in N.Y. on Monday, with major dollar pairings largely trading inside of narrow ranges. There was no data to drive prices, while many were likely distracted by the near session-long congressional grilling of FBI director Comey on Russia. Read more


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