Articles by: Miroslav Marinoff

GBP/USD little changed before FOMC

British pound showed little change against the US dollar on trading Wednesday, as investors used caution, making decisions just ahead of the anticipated statement on monetary policy by the Federal Reserve Bank later in the day. GBP/USD distanced from its lowest point today at 1.5198, reached at 7:14 GMT, to trade at 1.5236 at 8:12 […] Read more

USD/JPY slid in expectation of FOMC decision

US dollar registered a retreat against the Japanese yen on Wednesday, as market players remained wary ahead of FEDs statement on monetary policy later today. USD/JPY hit a session low at 97.76 at 6:10 GMT, after which consolidation followed at 97.95, down by 0.08% for the day. Support was expected at June 26th low, 97.24, […] Read more

NZD/USD slightly lower ahead of FOMC decision

New Zealand dollar traded slightly lower against its US counterpart on Wednesday, as investors expected the decision on monetary policy by the Federal Open Market Committee later in the day. NZD/USD reached a session high at 0.7990 at 6:06 GMT, after which consolidation followed at 0.7981. Support was likely to be found at July 19th […] Read more

GBP/USD on negative territory

British pound was losing ground for a third day on Tuesday against the US dollar, as market participants preferred wariness, making their decisions ahead of policy meetings by Bank of England and the Federal Reserve this week. GBP/USD slid to a session low at 1.5294 at 9:39 GMT, the lowest point since July 25th, after […] Read more

USD/CHF little changed in light trade

US dollar remained almost unchanged against the Swiss franc on Tuesday, as market players were cautious ahead of the monthly meeting on policy by the Federal Reserve Bank, scheduled to begin today. USD/CHF slipped to a session low at 0.9291 at 8:51 GMT, after which consolidation followed at 0.9299, down by 0.16% for the day. […] Read more

NZD/USD remained lower

New Zealand dollar continued its slide against the US dollar on Tuesday, following the comments by NZ Prime Minister John Key on Monday. NZD/USD fell to its lowest point during the session at 0.7979 at 4:00 GMT, after which consolidation followed at 0.7995. Support was likely to be found at July 19th low, 0.7887, while […] Read more

Downbeat Japanese industrial production favored the rise of USD/JPY

US dollar climbed against the Japanese yen on Tuesday, following the disappointing report on Japanese industrial production, while investors focused on the policy meeting of the Federal Reserve Bank, scheduled to begin today. USD/JPY reached a session high at 98.45 at 4:15 GMT, after which the cross consolidated at 98.22, up by 0.26% for the […] Read more

Aussie collapsed against the US dollar on disappointing building approvals data

On Tuesday Australian dollar took a sharp drop of over 1.5% against the greenback, following the disappointing report on building approvals from Australia and later comments by Reserve Bank of Australia (RBA) Governor Glenn Stevens. AUD/USD plunged to a session low at 0.9051 at 6:50 GMT, the lowest point since July 15th, after which consolidation […] Read more

EUR/USD showed little reaction to German Gfk Consumer Confidence

The euro was little changed against the US dollar on Tuesday, following the release of optimistic consumer confidence report from Germany, while markets remained edgy ahead of the meetings by the European Central Bank and the Federal Reserve. EUR/USD hit a session low at 1.3246 at 3:41 GMT, after which consolidation followed at 1.3256. Support […] Read more