XE CURRENCY CONVERTER
| 1.00 USD | = | 1,558.99 BIF |
| US Dollar | ↔ | Burundian Franc |
| 1 USD = 1,558.99 BIF | 1 BIF = 0.000641440 USD |
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Mid-market rates: 2013-05-22 18:51 UTC
EUR/USD2013-05-22 11:43 UTC
EUR-USD was underpinned by cross flows. Very heavy demand went through since the Asian morning and gained momentum in Europe on model fund and momentum account demand. EUR-USD had upside potential after yesterday's Fedspeak dampened the debate on tapering and played into the hands of specs repositioning ahead of Bernanke. Note, recent proprietary models and speculative data had flagged excessive positioning in USD long and EUR short ... Read More ►
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XE Market Analysis
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North American Edition2013-05-22 11:43 UTC
EUR-cross flows and central bank policy bias were significant influences. The dollar started the session on the softer side following yesterday's Fedspeak, which dampened the debate on tapering ahead of today's testimony from Bernanke. EUR-GBP pressed higher amid macro and model fund demand amid yesterday's weaker CPI reading; and gained traction after the BoE minutes revealed a 6-3 vote on unchanged policy, along with a batch of disappointing U.K. data ... Read More ►
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European Edition2013-05-22 06:29 UTC
The dollar traded on the easier side after dovish Fedspeak from Bullard and Dudley on Tuesday dampened the debate on Fed tapering. EUR benefited the most and broke over 1.2900 to 1.2940 by early Asia. Other moves were more restrained. USD-JPY was choppy relatively close to 102.50 as market participants digested the BoJ's steady policy hand, which was widely expected. There was nothing new in the statement, which limited FX moves, but the Nikkei posted ... Read More ►
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Asian Edition2013-05-21 14:44 UTC
The dollar index posted moderate gains to take it firmly over 84.00 and just a short distance from last week's peak around 84.25. There were mixed leads via the EUR, but overall the dollar made up ground against GBP, CHF and the commodity bloc currencies. A very thin U.S. calendar saw the focus come from macro funds, which still focused on the potential for Fed tapering, while intra-day accounts took positive guidance from bullish dollar momentum on the ... Read More ►
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