XE Currency Converter

EUR/USD2015-10-07 06:59 UTC

EUR-USD settled in the mid-to-upper 1.12s, remaining shy of last Friday's post-U.S. jobs report peak at 1.1318. Both currencies, meanwhile, have been losing ground to emerging and commodity-correlating currencies amid a backdrop of risk-on sentiment, fuelled by hopes for more stimulus out of Europe, China and Japan, and a delayed rate lift-off in the U.S. German production fell 1.2% m/m in August, which follows yesterday's disappointing ... Read More 

XE Market Analysis

  • North American Edition2015-10-06 12:59 UTC

    The dollar ebbed against the yen and euro. EUR-USD lifted back above 1.1200 after basing at 1.1172 following German manufacturing orders data, which fell 1.8% m/m in August data, confounding the median forecast for a 0.5% rise. The data corroborates the view that the ECB might be headed for an expansion in its QE program, though impetus to sell euros proved fleeting. USD-JPY, meanwhile, remained in a range in the low 120.0s. Read More 

  • European Edition2015-10-07 06:59 UTC

    The session in Asia-Pacific has been risk-on in tone, which has left the dollar lower against the euro and yen, and the G3 as a bloc down against various Asia and commodity-correlating currencies. The Indonesian rupiah, for instance, is registering its biggest three-day gain since 2008 on stock inflows, according to Bloomberg. The currency is up over 5% so far this week, and is a sign of improving sentiment to emerging markets in general. The Thai baht, ... Read More 

  • Asian Edition2015-10-06 17:42 UTC

    The dollar faded through the U.S. session on Tuesday, as risk taking levels fell off, and as a sharply wider August trade deficit took some wind out of dollar bull's sails. In addition, it appears the FX market continues to play down hopes for a Fed rate hike this year. This said, with Japan and Europe seemingly on further easing paths, dollar downside may be limited going forward. EUR-USD rallied from the 1.1200 level at the open to highs of 1.1274, as ... 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