Articles by: Miroslav Marinoff

USD/CHF edges higher, but gains capped before NFP

US dollar edged higher against the Swiss franc on Tuesday, but gains were likely to remain limited, as market players used caution positioning themselves in the market ahead of the keenly anticipated US non-farm payrolls data. USD/CHF hit a session high at 0.9040 at 9:20 GMT, after which consolidation followed at 0.9036, rising 0.17% for […] Read more

USD/JPY edges higher, US jobs report ahead

US dollar edged higher against the Japanese yen on Tuesday amid optimism that the upcoming report on US non-farm payrolls will probably show private sector added more job positions in September in comparison with a month ago. USD/JPY touched a session high at 98.36 at 4:00 GMT, after which consolidation followed at 98.31, gaining 0.14% […] Read more

EUR/USD trades steadily, close to eight-month highs

The euro was trading steadily and in proximity to its highest point in eight months against the US dollar on Tuesday, as markets expected the September report on US non-farm payrolls, which has initially been scheduled for release on October 4th. EUR/USD touched a session high at 1.3681 during the early phase of Asian trade, […] Read more

NZD/USD little changed ahead of US non-farm payrolls report

New Zealand dollar was trading little changed against its US counterpart on Tuesday, as markets awaited the crucial September report on the change in non-farm payrolls, scheduled for release out of the United States later in the day. Having slipped to a session low at 0.8439 at 4:15 GMT, NZD/USD cross consolidated at 0.8453, marking […] Read more

USD/CAD little changed after US existing home sales report

US dollar was trading little changed against its Canadian counterpart during early US trade on Monday, after the release of the existing home sales report out of the United States and ahead of the September non-farm payrolls data, scheduled for release tomorrow. USD/CAD hit a session high at 1.0304 at 12:55 GMT, after which consolidation […] Read more

GBP/USD with a slight change on Fed stimulus outlook

British pound was trading little changed against the US dollar on Monday, amid prospects of a potential delay of Federal Reserves monetary stimulus scale back, which was still causing pressure upon the greenback. GBP/USD hit a session high at 1.6181 at 7:50 GMT, after which consolidation followed at 1.6165, dipping a mere 0.01% for the […] Read more

AUD/USD trades steadily, close to four-month highs on Federal Reserve stimulus concerns

Australian dollar was trading steadily in proximity to its highest level in four months against the greenback on Monday, as expectations arose that the Federal Reserve Bank may delay the reduction of its monetary stimulus after the partial government shutdown. AUD/USD touched a session high at 0.9679 at 4:45 GMT, also the pairs highest point […] Read more

EUR/USD remains steady, close to eight-month highs

The euro traded steadily and in proximity to its highest point in eight months against the US dollar on Monday, as expectations mounted that the Federal Reserve Bank may postpone the reduction of monetary stimulus after the partial government shutdown. EUR/USD touched a session high at 1.3688 during the early phase of Asian trade, after […] Read more

USD/JPY trades higher after Japanese trade balance report

US dollar gained ground against the Japanese yen on Monday, following the release of Japanese trade balance data, which revealed that export growth slowed, while Bank of Japan Governor Haruhiko Kuroda pledged to maintain stimulus in order to achieve steady inflation. USD/JPY reached a session high at 98.13 at 6:20 GMT, after which consolidation followed […] Read more

Outlook for USD/JPY cross during the upcoming week

US dollar ended the week on negative territory against the Japanese yen on trading Friday, as concerns appeared that the 16-day partial shutdown in the United States might probably urge the Federal Reserve Bank to delay its plans of scaling back the monthly pace of its stimulus program. USD/JPY closed at 97.78 on Friday, losing […] Read more