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EUR/USD2015-08-31 07:17 UTC

EUR-USD rose to the mid-1.12s, recovering from Friday's foray below 1.1200. The move reflected revised haven demand for the euro as Chinese stock markets led broader equity declines following a Beijing announcement that large-scale purchases to prop up the market are now a thing of the past. Fed vice chairman Fischer said over the weekend that "there is good reason to believe that inflation will move higher as the forces holding down ... Read More 

XE-marknadsanalys

  • North American Edition2015-08-28 10:45 UTC

    The dollar traded moderately softer, though directional impetus was lacking in forex markets as the stock market rebound flagged in Europe after a second day of gains in Asia. Market participants hunkered down, wary of a potential tape bomb from the Fed's gathering at Jackson Hole given the still open-ended 'to hike, or not to hike' question. EUR-USD firmed after three successive down days, leaving an intraday peak was seen at 1.1309 following an ... Read More 

  • European Edition2015-08-31 07:17 UTC

    Markets have commenced on a risk-off theme as Chinese stock markets ebb following a Beijing announcement that large-scale purchases to prop up the market are now a thing of the past. This weighed on regional equities, Asian and commodity currencies. The dollar traded mixed, trading moderately firmer against the dollar-bloc units and Asian currencies, while losing ground to the haven currencies of the euro and yen. EUR-USD rose to the mid-1.12s, recovering ... Read More 

  • Asian Edition2015-08-28 18:36 UTC

    The dollar was mostly higher versus major currencies in N.Y. trade on Friday, though generally, price action was much calmer than seen through the rest of the week, where volatility reigned. In-line income and consumption data helped the greenback marginally, and the unit drifted higher though the morning, before settling a bit lower into the London close. Later, the dollar rallied back after Fed VC Fischer said the case for a September rate hike was ... Read More 

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