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EUR/USD2016-05-24 11:36 UTC

EUR-USD has ebbed under Thursday's eight-week low is at 1.1180, affirming the nascent bear trend and making this the third consecutive week that the previous week's low has been breached. The recent bear phase has largely ... Read More 

USD/JPY2016-05-24 11:36 UTC

USD-JPY rose back above 109.50, although EUR-JPY traded heavily. Most economists see the BoJ as being on course to expand monetary policy as soon as July, and expect the MoF to renew its jawboning against yen strength ... Read More 

XE Market Analysis

  • North American Edition2016-05-24 11:36 UTC

    The dollar firmed up today. EUR-USD has ebbed under Thursday's eight-week low is at 1.1180, affirming the nascent bear trend and making this the third consecutive week that the previous week's low has been breached. USD-JPY rose back above 109.50, although EUR-JPY traded heavily. AUD-USD was the biggest mover, losing nearly 1% following dovish from the RBA governor and making a three-month low at 0.7153. GBP-USD was the exception as sterling was bid ... Read More 

  • European Edition2016-05-23 07:50 UTC

    The yen has traded moderately firmer today, showing about a 0.25% gain versus both the dollar and euro as London interbank people take to their desks. Lower stock markets across the Asia region, as investors continue to face prospects for a Fed rate hike as soon as the June 15th-16th FOMC, have underpinned the yen via the usual inverse correlative pattern. USD-JPY fell to a three-session low at 109.63, down from Friday's closing level at 110.11. EUR-JPY ... Read More 

  • Asian Edition2016-05-23 17:55 UTC

    FX trade was relatively uneventful in N.Y. trade on Monday, with EUR-USD ranging between 1.1188 and 1.1224, holding above seven week lows of 1.1180. USD-JPY was the dollar's weak link, as it fell to 109.12 from over 109.55 on the back of sagging risk taking levels and uncertainty over futures BoJ policy moves. USD-CAD moved higher on softer oil prices, while Canada was out on holiday, which limited liquidity. Cable nipped under 1.4450, though recovered ... Read More 

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