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EUR/USD2015-05-07 06:40 UTC

EUR-USD remains well bid, nudging out a new 10-week peak at 1.1371. EUR-JPY also traded to a new four-month peak, while the euro also managed to perk up against the recently outperforming Aussie. Generally encouraging signs of improving growth in the Eurozone are feeding a market narrative that the ECB may become less committed to its current QE program, and could eventually consider an tapering of the program. This is offsetting the ... Read More 

XE-marknadsanalys

  • North American Edition2015-05-06 10:55 UTC

    EUR-USD traded softer after peaking at a five-day high at 1.1270, though found a cushion of support just above 1.1200. EUR-JPY and other euro cross saw a similar price action, though the dollar itself was broadly lower as the euro was broadly higher. The run higher came despite persisting Greek uncertainties, which saw the Greek 2-year yield push back above 21%. Broader dollar weakness has helped underpin EUR-USD following yesterday's big U.S. trade ... Read More 

  • European Edition2015-05-07 06:40 UTC

    EUR-USD remains well bid, nudging out a new 10-week peak at 1.1371. EUR-JPY also traded to a new four-month peak, while the euro also managed to perk up against the recently outperforming Aussie. Generally encouraging signs of improving growth in the Eurozone are feeding a market narrative that the ECB may become less committed to its current QE program, and could eventually consider an tapering of the program. This is offsetting the spectre of a ... Read More 

  • Asian Edition2015-05-06 18:29 UTC

    The dollar took another hit in N.Y. trade on Wednesday, where following the blowout trade deficit released on Tuesday, the April ADP employment survey missed the mark as well. Treasury yields moved higher still, though did not help the greenback. Wall Street tumbled, as Fed chair Yellen said equity market valuations were "quite high", which didn't do any favors to the dollar either. EUR-USD rallied to better than two-month highs of 1.1367, after opening ... Read More 

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