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Articles by: Miroslav Marinoff

Miroslav Marinoff, a news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market and the US Stock Market.

EUR/USD with daily losses after disappointing German retail sales

September 30, 2013 8:08 am
The euro was losing ground against the US dollar on Monday, as political instability in Italy persisted and after a report said that German retail sales increased less than projected in August. EUR/USD reached a session low at 1.3477 at 6:58 GMT, after which consolidation followed at 1.3486, falling 0.27% for the day. Support was […] Read more

USD/JPY lower after mixed Japanese data, safe haven demand

September 30, 2013 7:12 am
US dollar was trading lower against the Japanese yen on Monday, following the release of mixed economic data out of Japan, while concerns over a possible US government shutdown triggered safe haven demand for the yen. USD/JPY slipped to a session low at 97.67 at 0:50 GMT, after which consolidation followed at 97.97, falling 0.29% […] Read more

EUR/USD continued climbing after US data points, Evans comments

September 27, 2013 2:10 pm
The euro continued to gain against the US dollar on Friday, despite that US personal income and personal expenditures came in consonance with forecasts, but consumer confidence index slowed down, according to official data, while the lack of clarity over the future of Federal Reserve Banks stimulus program was boosted additionally by comments made by […] Read more

GBP/USD advanced on upbeat UK housing data, Carney statement

September 27, 2013 9:21 am
British pound received support against the US dollar on trading Friday, following a report to show that UK house prices increased at a faster rate than projected in September, while Bank of England (BoE) Governor Mark Carney said for a UK newspaper that he saw no case for further monetary stimulus. GBP/USD soared to a […] Read more

AUD/USD lower on US fiscal worries

September 27, 2013 8:38 am
Australian dollar slid against its US peer on Friday, heading for its first weekly decline in September, as fears of a possible US government shutdown due to a budget deadlock, urged market players to abandon higher-yielding currencies, such as the Aussie. AUD/USD slid to a session low at 0.9325 at 7:52 GMT, after which consolidation […] Read more

EUR/USD traded steadily, US fiscal concerns in focus

September 27, 2013 7:38 am
The euro traded steadily against the US dollar on Friday, as fears arose that the budget deadlock among US policymakers may lead to a government shutdown. EUR/USD touched a session high at 1.3501 at 6:07 GMT, after which consolidation followed at 1.3496, gaining 0.06% for the day. Support was likely to be found at September […] Read more

USD/JPY slid after Japanese CPI report, US fiscal concerns

September 27, 2013 6:59 am
US dollar lost ground against the Japanese yen on Friday, after a report on consumer inflation out of Japan showed that governments struggle with deflation led to some encouraging results, while concerns arose that a budget deadlock among US lawmakers may trigger a government shutdown. USD/JPY fell to a session low at 98.52 at 6:01 […] Read more

USD/CAD on one-week highs after US data points

September 26, 2013 2:54 pm
The US dollar advanced to levels close to its highest point in one week against the Canadian counterpart on Thursday, following the release of mixed reports out of the United States. USD/CAD rose to a session high at 1.0324 at 14:18 GMT, the pairs highest point since September 17th. Support was to be received at […] Read more

EUR/USD retained losses after US GDP, initial jobless claims

September 26, 2013 1:57 pm
The euro was still losing ground against the US dollar on Thursday, following the release of the official report on the final value of the US Gross Domestic Product and the weekly report on US initial jobless claims. EUR/USD fell to a session low at 1.3487 at 12:34 GMT, after which consolidation followed at 1.3495, […] Read more

GBP/USD fell after UK GDP report

September 26, 2013 9:38 am
British pound retreated against the US dollar on Thursday, following a report to show that the final value of the annualized UK Gross Domestic Product in Q2 did not meet projections. GBP/USD fell to a session low at 1.6034 at 9:10 GMT, after which consolidation followed at 1.6042, still losing 0.25% on a daily basis. […] Read more