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Currency and Forex News
Forex and Currency News
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Results for: XE Commentary
10 hours 22 mins ago
Sentiment in Europe was more stable today after the Nikkei posted a late rebound on talk of price smoothing operations, though it experienced another very choppy session. Overall, markets remained nervous and the tone turned defensive into the N.Y....
13 hours 48 mins ago
Japanese market volatility dampened early interest in Europe. The Nikkei had an extremely whippy session, but ended in positive territory. It was up 3.5% early on and then plunged to sit 3% lower, but rumours of official buying lifted it higher very...
2013-05-23 19:23 UTC
Fallout from Bernanke testimony continued overnight, ultimately sinking equity markets and the dollar in the process. On top of that, China May PMI fell under the 50 mark, which spooked traders as well. U.S. data was better than expected, with...
2013-05-23 10:09 UTC
Markets were frayed in Europe. Very heavy action followed yesterday's comments from Bernanke, the FOMC minutes, overnight data weakness in China and a stock market collapse in Japan. The dollar, which had started the Asian session on the front foot,...
2013-05-23 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...
2013-05-22 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...
2013-05-22 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...
2013-05-22 06:29 UTC
The dollar traded on the easier side after dovish Fedspeak from Bullard and Dudley on Tuesday dampened the debate on Fed tapering. EUR benefited the most and broke over 1.2900 to 1.2940 by early Asia. Other moves were more restrained. USD-JPY was...
2013-05-21 14:44 UTC
The dollar index posted moderate gains to take it firmly over 84.00 and just a short distance from last week's peak around 84.25. There were mixed leads via the EUR, but overall the dollar made up ground against GBP, CHF and the commodity bloc...
2013-05-21 10:25 UTC
The dollar index posted modest gains, leaving it close to 84.00 after mixed flows during the European morning. EUR held stable close to 1.2865 after it was unable to clear offers from the 1.2900 level in early Europe. Cable headed back to 1.5170...
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