November 6, 2013 10:24 am
The euro continued trading on positive territory against the US dollar on Wednesday, following the release of mixed data regarding activity in the services sector in Euro zones first four largest economies, while the European Central Bank (ECB) was seen by economists to abstain from reducing the benchmark interest rate at its policy meeting. Having […]
Read moreNovember 6, 2013 9:10 am
Australian dollar traded steadily against its US peer on Wednesday, after a report showed that Australian trade balance deficit contracted more than projected in September, while upbeat services sector data released yesterday out of the United States provided certain support to the view of a sooner than expected tapering of stimulus by the Federal Reserve. […]
Read moreNovember 6, 2013 8:10 am
New Zealand dollar climbed to levels unseen in more than one week against its US counterpart on Wednesday, after a report showed that employers in New Zealand hired more employees than projected during the third quarter of the year, which add to the case that nations central bank may raise its benchmark interest rate from […]
Read moreNovember 5, 2013 3:43 pm
US dollar rose to session highs against its Canadian counterpart on Tuesday after the release of a report to show that activity in the sector of services in the United States increased at a faster than projected pace in October. USD/CAD reached a session high at 1.0453 at 15:07 GMT, after which consolidation followed at […]
Read moreNovember 5, 2013 2:06 pm
The euro fell to its lowest point in three weeks against the Japanese yen on trading Tuesday, as safe haven demand for the yen was triggered amid speculation that the European Central Bank led by President Mario Draghi will introduce additional stimulus at its policy meeting on Thursday. EUR/JPY fell to a session low at […]
Read moreNovember 5, 2013 12:47 pm
British pound climbed to session highs against the US dollar on Tuesday, as activity in the sector of services in the United Kingdom expanded at the fastest pace in 16 years in the month of October. GBP/USD rose to a session high at 1.6062 at 10:05 GMT, after which consolidation followed at 1.6053, gaining 0.53% […]
Read moreNovember 5, 2013 9:50 am
The euro remained lower against the US dollar on trading Tuesday, as market players were cautious ahead of European Central Banks interest rate decision and President Mario Draghis statement on Thursday. EUR/USD slipped to a session low at 1.3482 at 8:55 GMT, after which consolidation followed at 1.3489, losing 0.20% for the day. Support was […]
Read moreNovember 5, 2013 9:09 am
New Zealand dollar traded little changed against its US counterpart on Tuesday, as market players awaited the report on employment in New Zealand due out later in the day, while at the same time, Federal Reserve Bank officials fueled speculation that a near-term scale back of Feds stimulus program was not likely. NZD/USD fell to […]
Read moreNovember 5, 2013 7:52 am
Australian dollar traded lower against its US counterpart on Tuesday, following Reserve Bank of Australias decision to keep its benchmark rate unchanged at the current record low level, while banks Governor Glenn Stevens said that the national currency was “uncomfortably high”. AUD/USD touched a session low at 0.9464 at 3:50 GMT, after which consolidation followed […]
Read moreNovember 4, 2013 3:46 pm
US dollar traded lower against its Canadian counterpart on Monday, after the release of Septembers report on factory orders out of the United States, while at the same time, Canadian currency was underpinned alongside other commodity currencies such as the Aussie. USD/CAD touched a session low at 1.0398 at 12:15 GMT, after which consolidation followed […]
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