CURRENCY CONVERTER WIDGET
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EUR/USD2021-04-05 17:33 UTC
EUR-USD rallied to 1.1819 highs, up from 1.1738 lows seen ahead of the N.Y. open. The Dollar came under broad pressure this morning, which saw the DXY drop to one-week lows of 92.79. The risk-on backdrop, combined with thin trading conditions, due to the absence of London and other European markets, appeared to have been the drivers this morning. The March 25 top of 1.1828 is the next upside target. Read More ►
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XE Market Analysis
North American Edition
The dollar has traded mixed, and mostly within narrow ranges as market activity abated into the long weekends that will commence tomorrow in Europe, Latin America, much of Asia, and Australia and New Zealand. One standout theme was an Australian dollar led correction in the dollar bloc currencies today, and another was a rebound in the euro, albeit moderate in magnitude. Stock market sentiment remain upbeat after the S&P 500 hit another record high ... Read More ►
2021-04-01 11:48 UTCEuropean Edition
The Australian dollar led a correction in the dollar bloc currencies today, while most dollar pairings and cross rates saw relatively narrow ranges. Markets have been thinning out somewhat following the passing of month- and quarter-end yesterday, and into public holidays that will be seen in many Asian countries tomorrow, and in Australia, New Zealand, and Europe. EUR-USD settled in the lower 1.1700s, just above yesterday's five-month low at 1.1703, and ... Read More ►
2021-04-01 08:28 UTCAsian Edition
The Dollar was under pressure through the N.Y. session on Monday, taking the DXY to 92.54, and eight-session low. Despite better outcomes for the non-manufacturing ISM, and a less sharp drop in factory orders, the USD remained heavy. A sharp rise in risk-taking levels following Friday's blowout jobs report likely weighed on the Buck. Wall Street rallied, taking the S&P 500 and the Dow to all-time highs intra day. U.S. futures were up Friday following ... Read More ►
2021-04-05 17:33 UTC