XE CURRENCY CONVERTER
0 : 59
|1 USD|| |
|1 EUR||1.28662|| |
Did you know?
EUR/USD2013-05-23 07:14 UTC
EUR-USD ranges were relatively tight compared with other currencies. Overall it experienced selling pressure on upticks following Wednesday's sharp drop from the 1.3000 region to 1.2835. It started the Asian session just above 1.2850 and ebbed to 1.2824 after weak China PMI data steepened the dollar bid. However, there was decent support on dips related to EUR-AUD demand. The cross rallied from 1.3250 and extended through yesterday's 1.3320 ... Read More ►
XE Currency Converter
XE Market Analysis
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 ►
European Edition2013-05-23 07:14 UTC
Markets are still reeling from yesterday's Bernanke testimony and Q&A session, which covered both sides of the QE debate, though his admission that tapering could come in the next few meetings, depending on data, saw a big fallout in risk-trades. This was backed up by the FOMC minutes, which also echoed this view, while in Asia, there were heavy losses related to a big drop in China manufacturing PMI, while JGB market volatility also unnerved ... Read More ►
Asian Edition2013-05-22 19:19 UTC
It was a choppy day in FX Land, with most of the gyrations the result of comments from Bernanke in his JEC testimony and Q&A. The greenback faded initially, as the Fed chief indicated QE would not be tapered any time soon (which naturally took equities racing higher). Later in Q&A, Bernanke contradicted himself to a degree, saying tapering could commence in as soon as a few FOMC meetings. This resulted in stocks paring gains, and the dollar ... Read More ►
XE Trade offers easy and transparent online quotes, competitive rates, and free international money transfer options. Plus, our service works seamlessly with your existing bank.
Our advanced features let you set rate email alerts, transfer money from your mobile phone, book a Bid with your preferred rate so you don’t have to monitor the market, or book a Forward to help reduce the uncertainty of market volatility.
XE Currency Data Feed
The XE Currency Data Feed offers commercial grade currency data for every world currency. Unlike other feeds, there’s no need to buy hardware or software, & you choose the format.
The XE Rate Blender is a proprietary system that gathers rates from over 150 global sources. Our currency feed is so reliable, that it is trusted by major corporations and government agencies from all over the world.