XE Market Analysis
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North American Edition2014-12-08 11:34 UTC
The dollar continued to reign supreme, logging fresh trend lows against the yen, euro, Aussie and sterling, among other currencies. The move extends the gains seen following Friday's stellar U.S. jobs report, which supports the idea that the U.S. economy is the only locomotive in town among the major economies. Disappointing Japanese growth data added to this notion, with Q3 GDP revised lower to -0.5% q/q and -1.9% y/y, contrary to expectations for upward ... Read More ►
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European Edition2014-12-08 08:30 UTC
The dollar continued to reign supreme, logging fresh trend lows against the yen, euro, Aussie and sterling, among other currencies. The move extends the gains seen following Friday's stellar U.S. jobs report, which supports the idea that the U.S. economy is the only locomotive in town among the major economies. This nation was support by sub-expectations Japanese GDP data today, with Q3 confirmed at -1.9% y/y, contrary to expectations for an upward ... Read More ►
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Asian Edition2014-12-08 19:27 UTC
The dollar traded lower against the European majors in N.Y. on Monday, with profit taking the major driver, especially with EUR-USD and USD-JPY. The euro, sterling and yen all posted trend lows ahead of the open, and a good chunk of those moves were unwound through the session. There was no U.S. data on tap, though weaker equities and softer yield helped dent the greenback. EUR-USD started near 1.2250, and made its way over 1.2325 into the close. USD-JPY ... Read More ►
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