XE CURRENCY CONVERTER
Did you know?
- INDICATORS - HUNGARY - Updated on Dec 13
- A USD/JPY Short That’s Playing Nice
- Graphic Rewind: US Dollar Rallies to a 3-Month High Despite Quiet Week
- U.S. Senate vote on Yellen not seen before Wednesday
- Monte Paschi shareholder says contacts for stake sell are 'difficult'
- Fitch: EMEA and US Drinks Companies to See Strong US Demand
XE Currency Converter
XE Market Analysis
North American Edition2013-12-13 11:47 UTC
The USD has been encountering a stronger bid following the successful passage of the bipartisan budget deal in the House of Reps, firming up the odds for the Fed announce QE tapering at next week's FOMC. The has been reflected by yield differentials, with the yields of 2- and 10-year U.S. paper widening 2 to 3 bp versus the Bund benchmark equivalents. EUR-USD dove to a three-day low of 1.3709 before finding a toehold, and Cable extended to a two-week low ... Read More ►
European Edition2013-12-13 07:42 UTC
The JPY dove to fresh major-trend lows, with USD-JPY leading the charge as yield differentials and the associated contrasting stances of the Fed and BoJ underpin. News that U.S. budget deal sailed through the House vote with ease boosted this trade, firming up the odds of the Fed opting for a tapering announcement at next week's FOMC meeting (though we still don't think these odds are more than 50-50). Coincidently, a Quick Corp survey of analysts found ... Read More ►
Asian Edition2013-12-12 19:07 UTC
The dollar settled in at or very near session highs versus all major currencies in N.Y. trade on Thursday. This saw the USD index rally back over 80.20 from session lows of 79.85. EUR-USD found support around 1.3750, after failing over 1.3800 in London. USD-JPY meanwhile, seemed to have turned the corner, able to hold the 103 handle into the close. The commodity bloc was soft, as USD-CAD moved over 1.0650, and AUD-USD dropped to three-plus month lows ... Read More ►
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