AD

XE Currency Converter

EUR/USD2015-07-31 18:04 UTC

EUR-USD was bid up from under 1.0900 to 1.0970 on better EU inflation data, though it was weaker U.S. employment data that sent the pairing later to 1.1114, just under Monday's 1.1129 peak of the week. The move was seen as overdone however, as the pairing later made it back to test the 1.1000 level. The euro remains in sell-the-rally mode, as Greece is still at issue, and as EU growth generally has been soft. Read More 

XE Market Analysis

  • North American Edition2015-07-31 10:47 UTC

    The euro was bid following a rise in Eurozone core CPI. EUR-USD logged new intraday highs above 1.0980, driven in part by a strong bid in EUR-JPY, which gained some 80 pips since the London market open. The euro's bid was sparked by a jump in core Eurozone CPI to 1.0% y/y in July data, up from 0.8% y/y, which offset a benign headline HICP rate of 0.2% and an unexpected dip in German retail sales. USD-JPY re-established itself above 124.00 after dipping to ... Read More 

  • European Edition2015-07-31 06:50 UTC

    The dollar has traded moderately softer, though the main pairings have remained well within the respective ranges of yesterday. EUR-USD lifted to a high of 1.0962, and USD-JPY dipped to a low of 123.90. An unexpected dip in German retail sales, which dove 2.3 % in June versus the Reuters median for 0.3% growth, helped put a cap on the euro. BoJ sources cited by Reuters, meanwhile, said that a weak yen is beneficial for the economy, and that the central ... Read More 

  • Asian Edition2015-07-31 18:04 UTC

    The dollar fell rather sharply following weaker than expected Q2 ECI data, though later managed to recover some ground on the back of an improved Chicago PMI, and pre-weekend short covering. EUR-USD started the session near 1.0960, and made its way to 1.1114 highs by mid-morning. USD-JPY fell from 124.35 to a low of 123.52 before finding support. USD-CAD popped to 1.3099 highs after weak May GDP data, though eased back to 1.2940 before heading over ... Read More 

Send a cheap money transfer 

Looking to send money abroad? Transferring money online is easy with XE. Our service 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

Get a currency data API 

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

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

Featured Products