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Results for: XE Commentary
2013-06-04 10:33 UTC
Movement in the FX market was influenced by light repositioning and fresh macro bets following the RBA outcome and ahead of key policy decisions later this week. The dollar consolidated below Monday's lows overall. EUR maintained a stable-to-firm...
2013-06-04 06:50 UTC
The dollar held on to losses amid yesterday's unexpected weakness in the U.S. ISM reading, which dampened expectations of Fed policy tapering. EUR held on to a firmer tone close to 1.3050 and Cable traded above 1.5300. USD-JPY remained under the...
2013-06-03 20:23 UTC
The dollar came under broad selling pressure in N.Y. on Monday, with weaker U.S. data driving the unit lower. May manufacturing ISM came in below the 50 boom/bust line, and instantly took the greenback lower versus all major currencies. Later,...
2013-06-03 10:33 UTC
Manufacturing PMI data was in focus today. China released a mixed batch of releases, with the official reading coming in on the firmer side, but the HSBC reading shower further deterioration. In Europe, manufacturing releases were broadly positive....
2013-06-03 06:26 UTC
It was a quiet start to the month as larger accounts were sidelined ahead of key event risks and data due over the week. Friday's positive U.S. data and month end trade saw U.S. stocks close on a weaker footing, but better than expected official...
2013-05-31 16:12 UTC
Better U.S. data came to the dollar's rescue on Friday, as Chicago May ISM readings and the U. of Michigan sentiment print both handily beat expectations. The greenback moved broadly higher following the data, as did equities and Treasury yields....
2013-05-31 10:41 UTC
Risk aversion dominated from the European open as speculation circulated that the weekend China manufacturing PMI release may come in below 50.00. JPY and CHF were the main beneficiaries as safety plays picked up. USD was net firmer, though flows...
2013-05-31 07:54 UTC
The dollar maintained an easier tone in Asia, though month-end lowered volumes. Equity markets in the region were positive, but this did not inspire any significant risk taking in the FX space and early on in Europe stocks have weakened due to...
2013-05-30 17:52 UTC
The dollar firmed up some in early N.Y. dealings on Thursday, though quickly lost ground following the early round of U.S. data, where Q1 GDP was revised down a tick, and jobless claims were higher than expected. Equities managed to keep gains...
2013-05-30 10:37 UTC
Overall the FX majors extended yesterday's moves, which included dollar repositioning and a pick in the yen. The Nikkei plunged just over 5% today, which set the early tone and drove USD-JPY into 100.50. However, follow through selling was contained...
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