Stock Market & Investment News
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XE Market Analysis: Asia – Jun 07, 2021
The Dollar was mostly lower overnight, taking the DXY to 89.91 lows, and under Friday’s post-jobs report low of 90.03. Treasury yields edged slightly higher on the session, though remained well below levels seen before the employment report. This was the likely driver of USD weakness on Monday. There was nothing in the way of […]
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XE Market Analysis: North America – Jun 07, 2021
The dollar has lifted out of its post-U.S. jobs report lows, as has the 10-year Treasury yield. Both remain well off their pre-data levels, however, being modestly firmer in a “dust settling” trade following the sharp drops that both the greenback and longer-dated bongs saw in the wake of the data miss on Friday. The […]
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XE Market Analysis: Europe – Jun 08, 2021
The dollar has traded moderately firmer today, reversing half or more than half of the declines seen yesterday versus its major peer currencies. This comes amid a cautious tone in global asset markets. Stock markets have stalled after the MSCI All Country World index scaled to a new record high yesterday. Oil prices and other […]