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EUR/USD2016-09-27 18:40 UTC

EUR-USD bounced over 1.1220 after printing 1.1192 lows earlier in the sessionThe better than expected U.S. confidence data helped the dollar, though range trade mentality remains in effect overall. The pairing will need to move under the 1.1185 low seen on September 22 for momentum to pick up steam. Read More 

XE Market Analysis

  • North American Edition2016-09-27 10:53 UTC

    Markets decided that Clinton had the edge in the first presidential debate of the campaign, which prompted rallies in the Mexican peso and Canadian dollar given Trump's anti-NAFTA stance and generally protectionist views on trade. The peso was off its highs but was showing just over a 1.5% advance on the dollar as of the early European PM session. The Canadian buck was showing a fractional gain, having given back intraday gains. The greenback, ... Read More 

  • European Edition2016-09-27 06:50 UTC

    The Mexican peso and the Canadian dollar rallied on what appears to be a generally perceived victory, at least from the perspective of financial markets, for Clinton in the first presidential debate of the campaign. Trump's protectionist views on trade (he said during the debate that NAFTA was the worse trade deal that the U.S. had ever signed) doesn't sit too well with markets. The peso rallied by over 1.5%, driving USD-MXN to an eight-day lows below ... Read More 

  • Asian Edition2016-09-27 18:40 UTC

    A quiet day in FX Land on Tuesday saw the dollar firm up versus most major currencies in morning dealings, before turning largely sideways. Better U.S. consumer confidence helped dollar sentiment, as did risk-on conditions on Wall Street, apparently the result of perceptions that Clinton won the debate, which translates into status quo for markets. EUR-USD fell from opening highs around 1.1250, to base at 1.1192. USD-JPY started near 100.20, and rallied ... Read More 

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