XE Currency Converter

Convert again

XE Market Analysis

North American Edition2016-07-08 10:39 UTC

Most currency pairings remained with yesterday's ranges. The main exception was USD-JPY, which ebbed to a two-day low just under 100.50. The pound firmed up, though remained comfortably within Thursday's ranges versus the dollar, euro and yen. A survey of UK consumer confidence by Gfk, conducted after the Brexit vote (between June-30 to July-5), dove to -9 from -1, which is the sharpest drop in the data series since December 1994. The euro came under ... Read More ►

European Edition2016-07-08 07:04 UTC

The yen firmed and JGB yields fell to new record lows, while most stock markets in the Asia-Pacific region slumped back after yesterday's gain. Global markets continue to trade in a dislodged manner as a consequence of the Brexit vote. The pound has settled back under 1.3000 against the dollar after yesterday's short-lived foray above here, though has remained comfortably above the 31-year low seen on Wednesday at 1.2795. A survey of UK consumer ... Read More ►

Asian Edition2016-07-08 18:18 UTC

The much better than forecast June U.S. jobs report saw the dollar initially rally broadly, though ahead of the weekend, the market quickly booked profits and sold into the gains. EUR-USD dove from 1.1080 into the 1.1000 level, before rallying back to 1.1120, as USD-JPY popped 100 points to near 101.30, before falling back to 100.00. The greenback subsequently turned sideways just above opening levels. Cable ran into sellers on its brief move over 1.3000, ... Read More ►