Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

AUD/USD rose on bets RBA will keep interest rates on hold this year

October 4, 2013 9:04 am
Australian dollar traded on higher levels against its US counterpart on Friday, as expectations that the Reserve Bank of Australia (RBA) will consider a reduction in interest rates this year have diminished. AUD/USD reached a session high at 0.9446 at 6:13 GMT, after which consolidation followed at 0.9438, still gaining 0.46% on a daily basis. […] Read more

EUR/USD little changed, close to eight-month highs due to US political deadlock

October 4, 2013 8:10 am
The euro was slightly changed against the US dollar on Friday, trading in proximity to eight-month highs, as the political deadlock in the United States continued to cause pressure on the greenback. EUR/USD touched a session high at 1.3630 at 6:38 GMT, after which consolidation followed at 1.3620, ticking up a mere 0.01% for the […] Read more

USD/JPY with losses after BoJ rate decision

October 4, 2013 7:16 am
US dollar traded slightly lower against the Japanese yen on Friday, following the decision by Bank of Japan (BoJ) to leave its benchmark interest rate unchanged at its monthly meeting. USD/JPY slid to a session low at 96.98 at 6:00 GMT, after which consolidation followed at 97.03, losing 0.26% for the day. Support was likely […] Read more

EUR/USD on fresh eight-month highs on ISM non-manufacturing report

October 3, 2013 2:52 pm
The euro advanced to a new eight-month high against the US dollar on trading Thursday, as the report on activity in the US non-manufacturing sector introduced disappointment. EUR/USD climbed to a new session high at 1.3626 at 14:04 GMT, the pairs highest point since February 4th, after which consolidation followed at 1.3613, gaining 0.25% for […] Read more

USD/CAD slightly lower after US initial jobless claims

October 3, 2013 2:04 pm
US dollar was slightly losing ground against its Canadian counterpart on Thursday, despite that the number of initial jobless claims in the United States increased less than expected last week, but the political deadlock in the country was still pressuring the greenback. USD/CAD came off a session high at 1.0338, recorded at 11:01 GMT, to […] Read more

EUR/USD preserved gains, trading close to eight-month highs

October 3, 2013 8:54 am
The euro traded in proximity to its highest point in eight months against the US dollar on Thursday, due to developments regarding political situation in Italy and as US government shutdown continued, raising concerns that it could lead to economic growth slow down and urge the Federal Reserve Bank to maintain the pace of its […] Read more

AUD/USD higher after Chinese non-manufacturing PMI data

October 3, 2013 6:51 am
Australian dollar was on frail positive territory against its US peer on Thursday, following the release of non-manufacturing activity report out of China. AUD/USD rose to a session high at 0.9402 at 2:00 GMT, after which consolidation followed at 0.9391, gaining 0.04% for the day. Support was likely to be received at September 30th low, […] Read more

USD/JPY on fresh five-week lows after ADP employment report

October 2, 2013 1:29 pm
US dollar plunged to the lowest point in five weeks against the Japanese yen on Wednesday, after a report by ADP showed that US private sector added fewer than projected job positions in September, as this raised concerns over the pace of economic recovery. USD/JPY slid to a session low at 97.22 at 12:26 GMT, […] Read more