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Articles by: Miroslav Marinoff

Miroslav Marinoff, a news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market and the US Stock Market.

NZD/USD lower in calm trade

May 29, 2013 7:54 am
On Wednesday the New Zealand dollar shortened positions against its US counterpart, as demand for the US dollar remained high after the promising data from United States yesterday. NZD/USD reached 0.8048 during Asian session, lowest for today, after which consolidation followed at 0.8065-0.8070. The pair was expected to be supported at May 22nd low, 0.8034, […] Read more

In Japan – expensive currency, rising bond yields, lowering consumer spending

May 29, 2013 7:20 am
During trade session on Wednesday Japanese yen rose against the US dollar as a result of bond market volatility. USD/JPY pair shorted gains, lowering to 101.98 during Asian session, as it traded at 102.31 during late American session. US dollar stopped its expansion, which lasted three consecutive sessions. Government bonds yield rose by another 0.9%. […] Read more

US home prices rose at a largest rate since 2006

May 28, 2013 2:05 pm
Official data showed that S&P/Case-Shiller Composite-20 Home Price Index in United States registered a rise by 10.87% during March 2013, compared to March 2012, as the indicator changed at the biggest rate since April 2006. The index, which gauges home price changes in 20 major cities throughout United States, recorded improved values in every single city. […] Read more

US dollar increased against the Swiss franc also, focus is on US data

May 28, 2013 11:27 am
USD/CHF pair rose during trade session on Tuesday, with markets focused on the upcoming US data later in the day. The cross reached 0.9706 during European session, highest value since May 24th, after which consolidation followed at lower levels – 0.9654. USD/CHF was expected to receive support at Monday low, 0.9592, while resistance levels were […] Read more