Articles by: Miroslav Marinoff

AUD/USD depreciated after Australian employment data

The Aussie lost positions against its US counterpart for the first time in one week on Thursday, falling from its highest point in two months, after a report showed that Australian unemployment rate rose to a four-year peak. AUD/USD slipped to a session low at 0.9233 at 6:59 GMT, after rising to its strongest point […] Read more

EUR/USD traded close to two-week highs

The euro was trading steadily in proximity to its highest point in two weeks against the US dollar on Thursday, as last weeks US non-farm payrolls report was still causing pressure on the greenback. EUR/USD reached a session high at 1.3323 at 3:50 GMT, after which consolidation followed at 1.3310, dipping a mere 0.01% for […] Read more

NZD/USD advanced on RBNZ Graeme Wheeler comments

New Zealand dollar gained ground against its US peer on Thursday, following the comments made by Reserve Bank of New Zealand Governor Wheeler earlier today. NZD/USD reached a session high at 0.8148 at 1:00 GMT, after which consolidation followed at 0.8130, gaining 0.56% for the day. Support was likely to be received at September 9th […] Read more

USD/CHF steady as Syria concerns eased

US dollar traded steadily against the Swiss franc on Wednesday, as sentiment improved on the upbeat Chinese data and as concerns over Syrian conflict subsided. USD/CHF hit a session low at 0.9334 at 9:15 GMT, after which consolidation followed at 0.9341, losing 0.08% on a daily basis. Support was likely to be found at August […] Read more

GBP/USD advanced to seven-month highs after upbeat UK jobless claims data

The sterling reached its highest point in seven months against the US dollar on Wednesday, following a report to show that the number of jobless claims in the United Kingdom unexpectedly dropped in August, giving strength to expectations that Bank of England (BoE) will raise the benchmark interest rate sooner than anticipated. GBP/USD hit a […] Read more

AUD/USD on negative territory but close to seven-week highs

Australian dollar was trading lower against its US counterpart, but in proximity to seven-week highs, following the positive data regarding Australian consumer confidence, while concerns over situation with Syria eased. AUD/USD slid to a session low at 0.9279 at 4:57 GMT, after which consolidation followed at 0.9291, falling 0.23% on a daily basis. Support was […] Read more

EUR/USD with daily losses

The euro was trading lower against the US dollar on Wednesday, but losses seemed to remain capped, as the tension in Syria subsided, following the speech by the US President Barack Obama yesterday. EUR/USD slipped to a session low at 1.3243 at 6:00 GMT, after which consolidation followed at 1.3254, losing 0.11% on a daily […] Read more

USD/JPY on seven-week highs after Barack Obama’s statement

US dollar climbed to its highest point in seven weeks against the Japanese yen on Wednesday, after US President Barack Obama called for a pause in authorizing a military operation in Syria, while safe haven demand for the Japanese currency lost its appeal. USD/JPY reached a session high at 100.60 at 4:40 GMT, the pairs […] Read more

USD/CAD remained lower despite downbeat Canadian housing starts data

US dollar continued trading on lower levels against its Canadian counterpart on Tuesday, although a report showed an unexpectedly strong contraction in Canadian housing starts, but chilled out concerns over situation with Syria and upbeat string of Chinese data boosted appetite for riskier assets. USD/CAD fell to a session low at 1.0330 at 11:50 GMT, […] Read more

USD/CHF hit session highs

US dollar advanced to its highest point against the Swiss franc on Tuesday, after the release of optimistic economic data out of China, which supported outlook over world’s second largest economy and safe haven demand for currencies such as the yen and the franc diminished. USD/CHF hit a session high at 0.9367 at 11:56 GMT, […] Read more