Articles by: Miroslav Marinoff

EUR/USD at one-month lows

Euro traded near one-month lows against the US dollar on Wednesday, as demand for the greenback was boosted by growing expectations that the Federal Reserve Bank will begin unwinding its Quantitative Easing in a foreseeable future. EUR/USD fell down to a session low at 1.2961 at 5:38 GMT, after which consolidation followed at 1.2975. Support […] Read more

NZD/USD close to session lows

New Zealand dollar traded at levels close to session lows against its US counterpart on Wednesday, as investors continued their support of the greenback in expectation of series of crucial economic data, scheduled for release later in the day. NZD/USD hit a session low at 0.7720 at 6:27 GMT. Currently the cross was trading at […] Read more

GBP/USD close to one-month lows

British pound traded near one-month lows against the US dollar during early US Tuesday trade, despite optimistic UK construction data, ahead of meetings by the Bank of England and the European Central Bank later in the week. GBP/USD pair fell down to a session low at 1.5137 at 12:29 GMT, the lowest point since May […] Read more

US dollar advanced against its Canadian rival to 21-month highs

The widely supported US dollar climbed to its highest point in 21 months against its Canadian counterpart on Tuesday, as market participants were focusing on the crucial non-farm payrolls report from the United States, scheduled for release this Friday. USD/CAD reached a session high at 1.0577 at 12:29 GMT, the highest value since October 2011, […] Read more

Euro close to session lows versus the US dollar

The euro slid to session lows against the US dollar on Tuesday as wariness dominated investor decisions ahead of Thursdays meeting of the European Central Bank and the highly anticipated US non-farm payrolls report on Friday. EUR/USD fell to 1.3001 at 12:30 GMT, marking the session low for todays trade. Support was likely to be […] Read more

British pound slipped lower against the US dollar despite positive construction CIPS

The sterling slid against the US dollar on Tuesday, despite the fact that official data showed activity in UK construction sector expanded at the fastest pace since May 2012 in the month of June. GBP/USD pair fell down to 1.5194 at 9:29 GMT, currently the session low. Support was expected at June 28th low, 1.5136, […] Read more

New Zealand dollar with a decline against US peer

New Zealand dollar lost ground against its US counterpart on Tuesday, due to ongoing support of greenbacks demand. NZD/USD cross tumbled to a session low at 0.7762 at 4:57 GMT, after which consolidation followed at 0.7810. Support was expected at July 1st low, 0.7703, while resistance was to be met at June 27th high, 0.7853. […] Read more

USD/JPY on one-month highs

US dollar advanced to one-month high against the Japanese yen on positive manufacturing results in the United States, Japan and Euro zone, as this data chilled concerns over a global growth slow down. USD/JPY pair reached a session high at 99.91 at 6:55 GMT, the highest point since June 5th, after which consolidation followed at […] Read more

EUR/USD with insignificant change

The euro recorded a slight change against the US dollar on Tuesday after stronger than expected ISM manufacturing data was released on Monday from the United States, adding to expectations that the Federal Reserve Bank will begin to taper its Quantitative Easing by this years end. EUR/USD increased to a session high at 1.3078 at […] Read more

AUD/USD off session highs after RBA decision

On Tuesday Australian dollar came off session highs against its US counterpart to sink lower, following the Reserve Bank of Australia interest rate decision. AUD/USD reached a session high at 0.9251 at 0:30 GMT and took a gradual drop to 0.9164 at 6:27 GMT. Support was expected at June 28th low, 0.9101, while resistance was […] Read more