Articles by: Miroslav Marinoff

GBP/USD with daily losses despite upbeat UK mortgage approvals

British pound traded lower against the US dollar on Tuesday, despite that a report showed the number of mortgage approvals in the United Kingdom rose more than expected in September, as speculation appeared that economic data scheduled for release this week would not be sufficiently strong in order nations economy to sustain gains. GBP/USD fell […] Read more

NZD/USD falls before RBNZ policy meeting, Fed

New Zealand weakened against its US peer before the Reserve Bank of New Zealand policymakers meet on October 31st and also ahead of Federal Reserve Banks two-day meeting, scheduled to begin later today. NZD/USD touched a session low at 0.8256 at 7:35 GMT, after which consolidation followed at 0.8258, falling 0.52% for the day. Support […] Read more

AUD/USD retreats to two-week lows after RBA Stevens comments

Australian dollar fell to levels unseen in almost two weeks against its US rival on Tuesday, after Reserve Bank of Australia (RBA) Governor Glenn Stevens suggested there was more room for the Aussie to weaken in the future. AUD/USD tumbled to a session low at 0.9504 at 4:15 GMT, also the pairs lowest point since […] Read more

USD/JPY falls after Japanese string of data

US dollar traded lower against the Japanese yen on Tuesday, following the optimistic data points out of Japan, which curbed expectations that nations central bank will increase its monetary stimulus at the policy meeting on Thursday. USD/JPY touched a session low at 97.47 at 3:05 GMT, after which consolidation followed at 97.53, down 0.16% for […] Read more

USD/CAD edges lower after US data, eyes on Fed meeting

US dollar edged lower against its Canadian counterpart on Monday, putting to a halt a three-day advance, after the release of disappointing pending home sales out of the United States, while market focus began shifting to Federal Reserves policy meeting later in the week. USD/CAD slipped from a session high at 1.0452 recorded at 13:07 […] Read more

EUR/USD bounced off session lows after mixed US data

The euro distanced from session lows against the US dollar on Monday, following a report, which showed pending home sales in the United States fell more in September compared to the drop in August, reaching the lowest level since December 2012. Having fallen to a session low at 1.3776 at 12:30 GMT, EUR/USD subsequently distanced […] Read more

GBP/USD advances as house prices in UK rise, FOMC meeting in focus

British pound gained ground against the US dollar on Monday, following a report, which revealed house prices in the United Kingdom rose for a ninth consecutive month in October, while the pressure upon the greenback remained before the FOMC policy meeting. GBP/USD advanced to a session high at 1.6208 at 9:30 GMT, after which consolidation […] Read more

NZD/USD also on positive territory before Fed meeting

Alongside the Aussie, New Zealand dollar traded also higher against its US counterpart on Monday, as the pressure upon the greenback remained amid expectations that the Federal Reserve Bank will decide to leave stimulus unchanged at its upcoming policy meeting this week. NZD/USD touched a session high at 0.8316 at 7:00 GMT, after which consolidation […] Read more

AUD/USD higher ahead of Federal Reserve policy meeting

Australian dollar gained ground against the greenback ahead of the Federal Reserve Banks two-day meeting on policy, at which the central bank will probably maintain the monthly pace of its monetary stimulus, that tends to debase the US dollar. AUD/USD reached a session high at 0.9615 at 2:00 GMT, after which consolidation followed at 0.9608, […] Read more

USD/JPY rises after BoJ Deputy Governor Iwata’s statement

US dollar traded higher against the Japanese yen on Monday, after Deputy Governor Kikuo Iwata reiterated Bank of Japan’s pledge to continue the course of a massive monetary easing. USD/JPY touched a session high at 97.70 at 6:05 GMT, after which consolidation followed at 97.65, rising 0.25% for the day. Support was likely to be […] Read more