Stock Market & Investment News
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XE Market Analysis: Europe – May 17, 2021
The dollar majors have been trading narrowly mixed. The yen saw some movement, softening into the Tokyo fix before trending moderately higher thereafter amid a risk-wary sentiment in Asia, with the Japanese currency attracting some safe haven demand. This saw EUR-JPY turn lower after pegging a fresh 32-month high just ahead of the Tokyo fixing. […]
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XE Market Analysis: Asia – May 17, 2021
The Dollar softened some in N.Y. trade on Friday, though ranges remained relatively narrow. Misses in U.S. data were a contributing factor, as retail sales, industrial production and consumer sentiment outcomes all missed the mark. The DXY opened over 90.50, later bottoming at 90.28 before steadying near 90.40. Wall Street rallied into the weekend with […]
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XE Market Analysis: North America – May 17, 2021
The dollar has been plying narrow ranges against peers for the most part. The DXY index still edged out its lowest level seen since last Wednesday, before the U.S. CPI release, at 90.28, before settling in a modestly higher range. The 10-year U.S. T-note yield touched a low today at 1.607%, about 10 bp down […]
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