March 17, 2014 10:48 am
The euro traded higher against the Swiss franc on Monday, despite the annualized harmonized index of consumer prices (HICP) in the Euro zone came in below forecasts during February, while Crimean vote weighed on Swiss francs demand. EUR/CHF gained 0.16% today to trade at 1.2155 at 10:31 GMT. The pair touched a session high at […]
Read moreMarch 17, 2014 10:19 am
US dollar touched highs unseen in two weeks against the Russian ruble on Monday, after an unexpected surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. USD/RUB rose to a session high at 36.723 at 8:15 GMT, also the pairs highest point since March 3rd, […]
Read moreMarch 17, 2014 9:57 am
Australian dollar surged against the Japanese yen on trading Monday, after the vote in the Crimean peninsula and while Westpac Banking Corp. reduced its forecast that the Reserve Bank of Australia (RBA) may cut borrowing costs further this year. AUD/JPY touched a session high at 92.44 at 9:05 GMT, after which consolidation followed at 92.34, […]
Read moreMarch 17, 2014 8:54 am
US dollar gained against the Japanese yen on Monday, paring a portion of its last weeks loss, after a surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. Demand for safe haven assets, such as the yen and the Swiss franc seemed to be reduced. […]
Read moreMarch 17, 2014 8:05 am
Australian dollar gained ground against its US counterpart on trading Monday, after the preliminary results from Crimeas referendum, while an expert from Westpac Banking Corp. expected no further cuts in borrowing costs by the Reserve Bank of Australia (RBA) during this year. AUD/USD hit a session high at 0.9063 at 6:05 GMT, after which consolidation […]
Read moreMarch 16, 2014 10:07 am
Emaar Properties PJSC (EMAAR), the company that built the highest skyscraper in the world, announced it projects to raise up to $2.45 billion in a public offering of a 25% stake in shopping malls and retail business. The builder is profiting from tourism and the boom in Dubai’s retail sector, while the number of visitors […]
Read moreMarch 15, 2014 7:43 pm
Australian dollar traded little changed against its US counterpart during the late phase of US session on Friday, as concerns that Chinese economy was slowing down and Crimea tensions urged market players to reduce their possessions of high-yielding assets, while the gauge of consumer confidence by Thomson Reuters and the University of Michigan regarding the […]
Read moreMarch 14, 2014 8:14 am
Australian dollar traded lower and was set to register a weekly loss against its US counterpart on Friday, as concerns that Chinese economy was slowing down and Crimea tensions urged investors to reduce their possessions of high-yielding assets, such as the Aussie. AUD/USD touched a session low at 0.8997 at 5:20 GMT, after which consolidation […]
Read moreMarch 13, 2014 8:14 am
Australian dollar rose against its US counterpart on trading Thursday, as a report showed the number of job positions, employers in Australia added, climbed over three times more compared to what was initially estimated, while the jobless rate remained steady in February. AUD/USD climbed to a session high at 0.9081 at 4:35 GMT, also the […]
Read moreMarch 12, 2014 8:00 am
Australian dollar retreated against its US counterpart on trading Wednesday, following data, that showed a gauge of consumer confidence in Australia weakened this month, while home lending in the country remained unchanged during January. AUD/USD touched a daily low at 0.8948 at 1:22 GMT, also the pairs lowest level since March 5th, after which consolidation […]
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