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AUD/USD on positive territory after upbeat Australian home sales

October 30, 2013 8:44 am
Australian dollar traded higher against its US rival on Wednesday, as a report showed that new home sales in Australia continued to increase in the month of September. AUD/USD touched a session high at 0.9506 at 6:40 GMT, after which consolidation followed at 0.9498, rising 0.20% for the day. Support was likely to be found […] Read more

USD/JPY preserves gains after Japanese industrial report, FOMC meeting ahead

October 30, 2013 8:02 am
US dollar traded higher against the Japanese yen on Wednesday, after Japans industrial production climbed below expectations and amid speculation that the Federal Reserve Bank will probably maintain the pace of its stimulus after the policy meeting is concluded today. USD/JPY reached a session high at 98.27 at 0:55 GMT, after which consolidation followed at […] Read more

USD/CAD trades little changed after US data string

October 29, 2013 3:40 pm
US dollar traded with a slight change against its Canadian rival on Tuesday, following the release of mixed data out of the United States, which might add to the case that the Federal Reserve Bank will abstain from trimming the monthly pace of its monetary stimulus at the policy meeting, starting today. Having slipped to […] Read more

EUR/USD trades slightly higher after mixed US data and ahead of FOMC meeting

October 29, 2013 2:43 pm
The euro edged higher against the US dollar on Tuesday, following the release of mixed economic data out of the United States, as the Federal Reserve Bank prepares to begin a two-day policy meeting, which will probably not introduce any major changes to banks monthly bond purchases. EUR/USD reached a session high at 1.3807 at […] Read more

GBP/USD with daily losses despite upbeat UK mortgage approvals

October 29, 2013 1:19 pm
British pound traded lower against the US dollar on Tuesday, despite that a report showed the number of mortgage approvals in the United Kingdom rose more than expected in September, as speculation appeared that economic data scheduled for release this week would not be sufficiently strong in order nations economy to sustain gains. GBP/USD fell […] Read more

NZD/USD falls before RBNZ policy meeting, Fed

October 29, 2013 9:40 am
New Zealand weakened against its US peer before the Reserve Bank of New Zealand policymakers meet on October 31st and also ahead of Federal Reserve Banks two-day meeting, scheduled to begin later today. NZD/USD touched a session low at 0.8256 at 7:35 GMT, after which consolidation followed at 0.8258, falling 0.52% for the day. Support […] Read more

AUD/USD retreats to two-week lows after RBA Stevens comments

October 29, 2013 8:37 am
Australian dollar fell to levels unseen in almost two weeks against its US rival on Tuesday, after Reserve Bank of Australia (RBA) Governor Glenn Stevens suggested there was more room for the Aussie to weaken in the future. AUD/USD tumbled to a session low at 0.9504 at 4:15 GMT, also the pairs lowest point since […] Read more

USD/JPY falls after Japanese string of data

October 29, 2013 7:48 am
US dollar traded lower against the Japanese yen on Tuesday, following the optimistic data points out of Japan, which curbed expectations that nations central bank will increase its monetary stimulus at the policy meeting on Thursday. USD/JPY touched a session low at 97.47 at 3:05 GMT, after which consolidation followed at 97.53, down 0.16% for […] Read more

USD/CAD edges lower after US data, eyes on Fed meeting

October 28, 2013 3:20 pm
US dollar edged lower against its Canadian counterpart on Monday, putting to a halt a three-day advance, after the release of disappointing pending home sales out of the United States, while market focus began shifting to Federal Reserves policy meeting later in the week. USD/CAD slipped from a session high at 1.0452 recorded at 13:07 […] Read more

EUR/USD bounced off session lows after mixed US data

October 28, 2013 2:45 pm
The euro distanced from session lows against the US dollar on Monday, following a report, which showed pending home sales in the United States fell more in September compared to the drop in August, reaching the lowest level since December 2012. Having fallen to a session low at 1.3776 at 12:30 GMT, EUR/USD subsequently distanced […] Read more