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XE Currency Converter

XE Currency Converter

The XE Currency Converter includes a currency converter, cross-rate table, and forex news to keep you up-to-date on your favorite currency pair. Visit the Currency Encyclopedia 

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XE Market Analysis

  • North American Edition2014-09-16 10:44 UTC

    The dollar recovered from a moderate dip in Asia as markets anticipate that the Fed may take a step to policy normalization at tomorrow's FOMC. Sterling traded lower as the FX market is somewhat jittery with two days to go until Scotland's independence vote. The as-expected dip in U.K. CPI to 1.5% had little impact. Cable has made a six-day low of 1.6162, but remains comfortably above last Monday's 10-month low at 1.6052. USD-JPY settled in the ... Read More 

  • European Edition2014-09-16 06:21 UTC

    The dollar recovered from a moderate dip in Asia, leaving most of the main pairings near to net-unchanged from yesterday's London closing levels. EUR-USD logged a 1.2960 high before returning to the 1.2940 area. Yesterday's peak at 1.2975 remained unchallenged with the market making time ahead of tomorrow's FOMC announcement. Tokyo markets reopened after yesterday's holiday, but to little fanfare. USD-JPY dipped marginally below yesterday's and Friday's ... Read More 

  • Asian Edition2014-09-15 18:32 UTC

    FX trade was relatively calm in N.Y. on Monday, though the dollar generally lost ground to the major currencies. EUR-USD found support ahead of 1.2900, though gains stalled out at 1.2950, as USD-JPY slipped toward 107.00 before finding support. The AUD and CAD perked up some as well. It appeared some pre FOMC position squaring was behind the softer USD tone today, though given the risk for a more hawkish sounding Fed statement, losses are liable to be ... Read More 

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