Articles by: Miroslav Marinoff

GBP/USD remained steady

The pound traded steadily against the US dollar on Friday in proximity to session highs, heading for a third weekly gain, as trade remained subdued ahead of the US consumer confidence report, scheduled for release later in the day. GBP/USD reached a session high at 1.5414 at 8:15 GMT, after which the pair consolidated at […] Read more

AUD/USD higher and headed for a second consecutive weekly gain

On Friday the Australian dollar traded on higher levels against the greenback, heading for its second week of gains, following the mixed US data from yesterday amid uncertainty over the future of FEDs easing program. AUD/USD hit a session high at 0.9294 at 8:10 GMT, after which consolidation followed at 0.9290. Support for the pair […] Read more

USD/JPY down to 2.5-week lows after Japanese inflation report and ahead of US consumer confidence

US dollar tumbled to almost 2.5-week lows against the Japanese yen on trading Friday as expectations of FED tapering its asset purchases soon were dimmed and this influenced demand for the greenback. USD/JPY slid to a session low at 98.61 at 5:20 GMT, the lowest point since July 11th, after which the pair consolidated at […] Read more

EUR/USD edged higher close to six-week highs

During Fridays thin trade the euro edged higher against the US dollar, trading close to six-week highs ahead of the consumer confidence report from the United States, scheduled for release later in the day. EUR/USD reached its highest point for todays session at 1.3288 at 2:44 GMT, after which consolidation followed at 1.3277. Support was […] Read more

USD/CAD slid on downbeat US initial jobless claims

The broadly retreating US dollar lost ground against its Canadian counterpart as well on trading Thursday, after the disappointing weekly report on initial jobless claims from the United States dampened optimism that the Federal Reserve will begin tapering its asset purchases, as this reflected upon greenbacks demand. USD/CAD slid to a session low at 1.0274 […] Read more

USD/CHF on higher levels ahead of US durable goods orders

US dollar moved to higher levels against the Swiss franc, as investors seemed wary ahead of the economic indicators due to be released from the United States later and amid uncertainty over the future of Federal Reserve Banks stimulus program. USD/CHF pair reached a session high at 0.9394 at 9:46 GMT, after which consolidation followed […] Read more

GBP/USD vanquished gains following UK GDP

The pound erased earlier gains against the US dollar on trading Thursday, following a report to show preliminary value of the British GDP rising in consonance with projections during the second quarter of the year. GBP/USD took a slide from a session high at 1.5384, recorded at 8:00 GMT, to trade at 1.5308 at 9:13 […] Read more

USD/JPY cut earlier gains

Japanese yen advanced against 15 out of its 16 major peers on Thursday, as Japanese shares declined, boosting safe haven demand for national currency. USD/JPY slid to a session low at 99.76 at 6:46 GMT, after which consolidation followed at 99.90. Support for the pair was expected at July 23rd low, 99.13, while resistance was […] Read more

AUD/USD traded with stability

Australian dollar remained steady against its US counterpart on trading Thursday, with market participants expecting the series of crucial economic indicators from the United States, while the US dollar was still supported, following the positive signal, submitted by the housing sector in the country. AUD/USD slipped to a session low at 0.9127 at 0:50 GMT, […] Read more