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

AD

XE Market Analysis: Europe - Jan 24, 2018

By: XE Market Analysis

The dollar has come under fresh pressure. The narrow trade-weighted USD index (DXY) traded at fresh three-year lows, logging a nadir at 89.83 and bringing cumulative loss on the year so far to 13%. EUR-USD logged a 37-month high of 1.2335, while USD-JPY traded below 110.00 for the first time since last September, posting a low at 109.80. Read more

XE Market Analysis: Asia - Jan 23, 2018

By: XE Market Analysis

The dollar came under renewed pressure in N.Y. on Tuesday, with the DXY hitting a three-plus year low of 90.07. EUR-USD topped at 1.2306 after opening near 1.2235, while USD-JPY touched 110.26, after peaking at 111.17 post-BoJ meeting. USD-CAD traded a narrow range in the mid-1.24s, while cable printed new post-Brexit vote highs of 1.4027.[EUR, USD]EUR-USD topped at 1.2306, climbing to a one-week high as dollar woes continue. Read more

XE Market Analysis: North America - Jan 23, 2018

By: XE Market Analysis

The dollar trading mostly firmer in the wake of the U.S. funding deal that ended three day's of government shutdown, although the impact was muted. The USD index (DXY) lifted out of a three-day low at 90.29 to a 90.53 high before settling just under 93.50. Read more

XE Market Analysis: Europe - Jan 23, 2018

By: XE Market Analysis

The dollar gained on the Senate vote that ended the three-day government shutdown in the U.S. Gains have been moderate. The USD index (DXY) lifted out of a three-day low at 90.29 to 90.53, while EUR-USD tumbled by about 30 pips in making a low at 1.2238, subsequently settling around 1.2250, a level that the pair has been oscillating around for a week now. Read more

XE Market Analysis: Asia - Jan 22, 2018

By: XE Market Analysis

The dollar was steady in N.Y. morning trade on Monday, as dealers largely sat on their hands ahead of the Senate funding vote. Once it became clear the measure would pass, the greenback rallied modestly across the board. EUR-USD fell from session highs of 1.2260 to 1.2225 before bouncing some, while USD-JPY topped at 111.22 from lows of 110.69 after the open. Read more

XE Market Analysis: US Dollar Soft as Government Shutdown Continues

By: xemarketanalysis

OVERVIEW US Dollar weak amid Washington divisions. IMF revises up global growth forecasts for 2018 and 2019. Canadian wholesale trade rises for a second straight month. Investors appear unfazed by US politics with equity markets up slightly. Read more

XE Market Analysis: North America - Jan 22, 2018

By: XE Market Analysis

The dollar dipped at the open of Asia-Pacific dealings on concerns about the government shutdown in the U.S, but subsequently recovered losses. EUR-USD popped about 50 pips high, logged a peak at 1.2274 before ebbing back to near net unchanged levels around 1.2225. Read more

XE Market Analysis: Europe - Jan 22, 2018

By: XE Market Analysis

The dollar dipped at the open of Asia-Pacific dealings on concerns about the government shutdown in the U.S, but subsequently recovered losses. EUR-USD popped about 50 pips high, logged a peak at 1.2274 before ebbing back to near net unchanged levels around 1.2225. Read more

International Economic Week in Review: The Good News Continues

By: HaleStewart

The overall tenor of international news is still positive. While UK retail sales are slowing, they are still up modestly Y/Y. Although EU news was slightly weaker than we’ve been used to over the last few months, this week’s data has been weak for most of this expansion. Read more

Pages

Paste link in email or IM