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EUR/USD2016-05-27 11:05 UTC

EUR-USD has settled just under 1.1200, above the 10-week low seen on Wednesday at 1.1129. Forex markets have hunkered down into Fed chairwoman Yellen's talk later today, and ahead of the long U.S. holiday weekend. The dollar has lost its rallying impetus, tracking a decline in U.S. Treasury yields as markets take a more circumspect view of Fed tightening prospects. We doubt that Yellen's appearance today will be either the time or place ... Read More 

Analisi di mercato XE

  • North American Edition2016-05-27 11:05 UTC

    The dollar majors have mostly remained comfortably within Thursday ranges with markets hunkered down ahead of Fed Yellen's speech later today, which precedes the long U.S. holiday weekend. Cable was an exception, logging a two-day low at 1.4620, while sterling posted three-day lows versus both the euro and yen. The pound has been giving back some of the gains seen during the week. Much to the Leave-the-EU campaigners chagrin, no doubt, the G7 communique ... Read More 

  • European Edition2016-05-27 07:10 UTC

    The major currencies have traded without direction with markets hunkered down into Fed chairwoman Yellen's speech later today, and ahead of the long U.S. holiday weekend. The dollar has lost its rallying impetus, tracking a decline in U.S. Treasury yields as markets take a more circumspect view of Fed tightening prospects. We doubt that Yellen's appearance today will be either the time or place for her to spill the beans on policy. She will be in ... Read More 

  • Asian Edition2016-05-26 17:39 UTC

    Profit taking on long dollar positions was the feature of the FX market in N.Y. on Thursday, taking the dollar mostly lower. Ahead of Yellen's Friday speech, and the upcoming long weekend in the U.S. and London, traders appeared to think it best to lighten up on greenbacks. The drop today followed a week of gains, which were kicked off in earnest following the release of the FOMC minutes last week. Incoming data was mixed, as jobless claims were lower ... Read More 

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