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USD/CAD2016-02-10 13:38 UTC

USD-CAD has been oscillating around the 1.3900 level in recent sessions, consolidating after clocking an eight-week low of 1.3639 last Thursday. The Canadian dollar continues to track oil prices, which had rallied strongly over the last couple of weeks, but are now back under pressure. USD-CAD's drop from its Jan-20 peak is quite notable from a technical perspective, with the pair last week closing below the 20-day moving average for the ... Read More 

Analisi di mercato XE

  • North American Edition2016-02-10 13:38 UTC

    The dollar is mixed amid relatively steady markets into Fed Yellen's testimony, lower against sterling but firmer against the euro and near net unchanged versus the yen, as of the early European PM session. Stocks in Europe mustered up a rebound despite fresh decline in Asian stock markets, where Australia's ASX index today joined Japan's Nikkei in entering official bear market territory by exceeding declines of more than 20% from the cycle peak. Oil ... Read More 

  • European Edition2016-02-10 08:09 UTC

    Currencies have been relatively stable, despite fresh decline in Asian stock markets, where Australia's ASX index today joined Japan's Nikkei in entering official bear market territory by exceeding declines of more than 20% from the cycle peak. Oil prices have managed a 2%-plus rebound, recouping some of yesterday's hefty losses, though there is little to suggest any change in underlying bearish fundamentals. USD-JPY has remained heavy, but has held above ... Read More 

  • Asian Edition2016-02-09 19:33 UTC

    The dollar came under some pressure in N.Y. trade on Tuesday, perhaps as global financial market distress resulted in offloading of positions, ahead of what the FX market apparently thinks could be dovish leaning Yellen congressional testimony on Wednesday. EUR-USD vaulted to better than three month highs of 1.1338, with talk of euro carry trade unwinding heard. USD-JPY recovered from overnight lows of 114.22, peaking at 115.38 in N.Y., before easing ... Read More 

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