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EUR/USD2015-04-28 19:05 UTC

EUR-USD approached the April 7 high of 1.0954 early in the session, peaking at 1.0952 before pulling back slightly. Ahead of the FOMC announcement on Wednesday, the dollar remained pressured, particularly against the European majors. EUR-USD buy stops at 1.0960 were later triggered, following weak consumer confidence data. The pairing made its way over 1.0990 in subsequent dealings, as the market geared up for what will likely be a dovish ... Read More 

XE-marknadsanalys

  • North American Edition2015-04-28 10:17 UTC

    The euro remained well bid following news yesterday that Athens had chopped Finance Minister Varoufakis from the negotiating team. The dollar's yield advantage over the euro has also narrowed, too, albeit moderately, over the last couple of trading days, shrinking to the 175-76 bp area from around 180 bp at the 10-year T-note over Bund comparison. EUR-USD hit a new three-week high at 1.0931, surpassing yesterday's peak by four pips. Euro crosses also ... Read More 

  • European Edition2015-04-28 06:28 UTC

    The euro continues to ebb and flow in sympathy with the ebb and flow of Greek exit concerns, rising in the latest phase on news that Athens has revamped its negotiating team. The dollar's yield advantage over the euro has also narrowed, albeit moderately, over the last couple of trading days, shrinking to the 175-76 bp area from around 180 bp at the 10-year T-note over Bund comparison. EUR-USD logged a three-week high at 1.0926 yesterday, breaching the ... Read More 

  • Asian Edition2015-04-28 19:05 UTC

    The dollar fell early in N.Y. trade on Tuesday, as more weak U.S. data drove the point home ahead of Wednesday's FOMC announcement, that the Fed may well be on hold through the remainder of the year. Consumer confidence took a hit in April, largely due to the rebound in gasoline prices, and a messy geopolitical backdrop. The markets will still need to contend with Q1 GDP data on Wednesday ahead of the Fed, where forecasts have been downgraded over the ... Read More 

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