AD

XE Currency Converter

USD/CAD2014-08-01 10:49 UTC

USD-CAD clocked another seven-week high of 1.0944 today, making this the sixth up day out of the last seven trading days. This week saw the breach of the 200-day moving average, which presently situated at 1.0842. The late June to early July dip below 1.0700 proved a step too far as the BoC outlook remains dovish. Support is now marked at 1.0890-1.0900 (which encompasses the 100-day moving average). Strong resistance can be expected into ... Read More 

XE Market Analysis

  • North American Edition2014-08-01 10:49 UTC

    EUR-USD and USD-JPY maintained narrow ranges ahead of today's U.S. jobs report showstopper, while GBP-USD dropped to fresh lows following a sub-expectations manufacturing PMI print out of the U.K, which adds to recent signs that recovery momentum is coming off the boil, and AUD-USD carved out a fresh low following soft Australian PPI data. Read More 

  • European Edition2014-08-01 06:53 UTC

    Both trade and direction were limited in the pre-European Asian session by the proximity of the U.S. payrolls release later today. EUR-USD stuck near to the 1.3385-90 area, leaving yesterday's 1.3371 low and Wednesday's eight-month nadir at 1.3367 untroubled while at the same time lacking the muster to test 1.3400, which capped yesterday. The high-stakes Argentina default, yesterday's Banco Espirito Santo plunge in Portugal, and the Russian standoff, ... Read More 

  • Asian Edition2014-07-31 18:28 UTC

    The dollar started the Thursday session on a firmer footing, though as Wall Street was crushed on Fed tightening concerns, it later gave back some of its gains. Firmer ECI data along with a sub-par Chicago PMI outcome dented risk taking sentiment, while weekly jobless claims rose, but were in line with expectations. EUR-USD initially dipped to 1.3372 before testing, and failing to break through 1.3400. USD-JPY meanwhile, rallied to print 103.00, before ... Read More 

Send a cheap money transfer 

Looking to send money abroad? Transferring money online is easy with XE Trade. It works with your bank and it's free to sign up.

  • Free online quotes
  • Competitive exchange rates
  • No-fee money transfer options
  • Bid for your preferred rate
Transfer Money with XE Trade

Get a currency data feed 

Need commercial grade rates for your business? XE Currency Data Feed easily integrates with your system and has guaranteed data delivery.

  • 150+ global sources
  • Rates for every world currency
  • Accuracy with proprietary rates
  • Choose frequency of updates
Order the XE Data Feed
Paste link in email or IM

Featured Products