November 1, 2013 8:36 am
Australian dollar preserved gains against its US counterpart on Friday, as producer prices in Australia rose more than projected during Q3 and Chinese manufacturing activity expanded to reach an 18-month high in October. AUD/USD touched a session high at 0.9490 at 6:35 GMT, after which consolidation followed at 0.9480, gaining 0.27% for the day. Support […]
Read moreNovember 1, 2013 7:51 am
New Zealand dollar edged higher against its US rival on Friday, as manufacturing activity in China, New Zealands largest export market, rose to an 18-month high in October. NZD/USD climbed to a session high at 0.8278 at 6:20 GMT, after which consolidation followed at 0.8273, up 0.11% for the day. Support was likely to be […]
Read moreOctober 31, 2013 2:29 pm
US dollar slipped to session lows against its Canadian counterpart on Thursday, after an official report said that Canadian economy grew more than projected in August. USD/CAD reached a session low at 1.0421 at 12:37 GMT, after which consolidation followed at 1.0433, losing 0.44% for the day. Support was likely to be received at October […]
Read moreOctober 31, 2013 1:25 pm
The euro plunged to new session lows against the US dollar on Thursday, following a string of disappointing economic data released out of the Euro zone, which only reinforced the view that economic recovery in the region remains frail. EUR/USD tumbled to a session low at 1.3633 at 10:50 GMT, also the pairs lowest point […]
Read moreOctober 31, 2013 10:28 am
US dollar was losing ground against the Japanese yen on Thursday, after Bank of Japan (BoJ) maintained its unprecedented monetary stimulus at the policy meeting today, also reiterating that the rate of inflation in the country will almost reach the 2% inflation objective during the year starting on April 2015. At the same time, the […]
Read moreOctober 31, 2013 9:18 am
Australian dollar edged higher against its US counterpart on Thursday, as building approvals in Australia considerably outstripped forecasts and despite that the greenback received support after FOMC policy decision. AUD/USD touched a session high at 0.9508 at 0:45 GMT, after which consolidation followed at 0.9502, gaining 0.19% for the day. Support was likely to be […]
Read moreOctober 31, 2013 8:21 am
New Zealand dollar preserved daily losses against its US counterpart on Thursday, following Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheelers statement and after the central bank left its benchmark rate unchanged. NZD/USD slid to a session low at 0.8231 during the early phase of Asian trade, after which consolidation followed at 0.8244, still […]
Read moreOctober 30, 2013 2:29 pm
US dollar slipped lower against its Canadian counterpart on Wednesday, after the ADP Research Institute reported that employers in the United States added fewer than expected job positions in October, which boosted the case that the Federal Reserve will probably delay the reduction of its monetary stimulus until early next year. Having reached its highest […]
Read moreOctober 30, 2013 1:12 pm
The euro traded steadily and in proximity to session highs on Wednesday against the US dollar, following the disappointing ADP report on employment and as market players remained cautious ahead of the conclusion of Federal Reserve Banks two-day meeting on policy. EUR/USD hit a session high at 1.3778 at 11:15 GMT, after which consolidation followed […]
Read moreOctober 30, 2013 9:26 am
New Zealand dollar edged higher against its US peer on Wednesday, after having fallen to a four-week low earlier in the day, as Moody’s Investors Service said that it considered reducing New Zealands AAA credit rating. NZD/USD reached a session high at 0.8287 at 7:51 GMT, after having tumbled to its lowest point since October […]
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