Stock Market & Investment News
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XE Market Analysis: Europe – May 07, 2021
The dollar has found a footing after declining yesterday, which was the latest contribution to what has been several days of up-then-down price action. The 10-year U.S. Treasury yield has continued to bump along under 1.60%, while the Dow Industrials index scaled to another record closing high following a solid jobless claims report and forecast-beating […]
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XE Market Analysis: Asia – May 07, 2021
The Dollar was hit broadly in N.Y. on Friday following a disappointing April U.S. employment report, which revealed a 266k NFP print versus expectations for at least 950k. The USD tumbled immediately following the data, with the move likely exacerbated by a plunge in Treasury yields. Yields later ticked up some, though the Greenback remained […]
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XE Market Analysis: North America – May 07, 2021
The dollar has been on a back foot today after a several-day period of up-then-down price action. The 10-year Treasury yield has nudged 1 bp higher, back above 1.580%, which is near the midway point of the range that has been seen over the last couple of weeks. The U.S. jobs report looms. A strong […]
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