Articles by: Miroslav Marinoff

USD/CHF off session lows

US dollar pulled back from session lows against the Swiss franc on Friday amid uncertainty over FEDs plans, regarding stimulus. USD/CHF fell down to a session low at 0.9422 at 11:22 GMT, after which consolidation followed at 0.9438. The cross was down by 0.17% for the day. Support was expected in the 0.9410-0.9420 range, while […] Read more

Pound lower versus US dollar on UK data

British pound slipped lower against the US dollar on Friday, despite relatively positive UK data, as uncertainty aroused over future moves by the Federal Reserve, regarding its stimulus. GBP/USD fell to a session low at 1.5232 at 8:46 GMT, after which consolidation followed at 1.5250. Support was expected at June 3rd low, 1.5196, while resistance […] Read more

US dollar pushed to over 2-week highs against the Japanese yen, despite positive economic data from Japan

US dollar managed to climb to two-and-a-half week highs versus the Japanese yen on Friday, ignoring optimistic economic data, that came out from Japan and as safe haven demand for the yen was reduced on surge of Chinese and Japanese shares. USD/JPY hit a session high at 98.94 at 2:27 GMT, after which consolidation followed […] Read more

Euro on higher levels against the US dollar on German retail sales

Euro advanced against the US dollar on Friday after the release of German retail sales data, but the single currency was still under the influence of European Central Bank President Mario Draghi comments earlier this week. EUR/USD cross hit 1.3075 at 6:01 GMT, currently the session high, after which consolidation followed at 1.3055. Support was […] Read more

New Zealand dollar retreated against US peer after NZ Building Permits data

New Zealand dollar traded on lower levels against its US counterpart on Friday after the release of building permits data in New Zealand. NZD/USD fell to a session low at 0.7756 during Asian trade, after which consolidated at 0.7790. Support was expected at June 26th low, 0.7718, while resistance was to be met at June […] Read more

USD/CAD rose after US data

US dollar came off session lows against its Canadian counterpart on Thursday after positive US jobless claims and pending home sales data was announced. USD/CAD jumped off a session low at 1.0422, registered at 8:47 GMT, lowest point since June 21st, to reach 1.0481 at 14:24 GMT. The cross was up by 0.09% for the […] Read more

US dollar pared losses against the euro after US data

The dollar erased earlier losses against the euro on Thursday after official report showed that US jobless claims decreased, meeting expectations. EUR/USD fell to 1.3023 at 12:48 GMT, after which consolidated in the 1.3030-1.3035 range. Minutes ago, the Department of Labor in the United States reported that the number of people, filed for unemployment assistance, […] Read more

US dollar up to 3.5-week high against the Swiss franc ahead of US data

US dollar climbed to 3.5-week high versus the Swiss franc on Thursday, as the greenback still remained supported with FEDs Quantitative Easing speculation in focus and ahead of series of economic indicators, scheduled to be released later today by the United States. USD/CHF hit a session high and highest value since June 5th at 0.9465 […] Read more

British pound trimmed gains against the US dollar on UK GDP

British pound shorted gains against the US dollar on Thursday after released UK Gross domestic product data disappointed expectations. GBP/USD pair tumbled to a session low and a three-week low at 1.5270 at 8:53 GMT. The cross erased 0.31% for the day. Support was likely to be received at June 3rd low, 1.5190, while resistance […] Read more

US dollar higher against the yen

On Thursday US dollar traded higher versus the Japanese currency, as Asian stock markets recorded gains today and that shorted demand for the yen. USD/JPY was trading at 98.20 at 7:43 GMT, after it reached a session high at 98.39 earlier. Support was expected at June 25th low, 96.95, while resistance was to be encountered […] Read more