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EUR/USD steady after Plosser comments, Italian political uncertainty

September 30, 2013 3:00 pm
The euro was trading steadily against the US dollar during the early phase of US trade session, after comments made by Fed President for Philadelphia, Charles Plosser and as political uncertainty in Italy could lead to a decrease in countrys credit rating by Fitch. EUR/USD touched a session high at 1.3555 at 13:00 GMT, after […] Read more

USD/CAD on session lows after upbeat Canadian GDP report

September 30, 2013 2:14 pm
US dollar slid to its lowest point against the Canadian peer on Monday, following a report showed that Canadian Gross Domestic Product increased at the fastest monthly pace in two years. USD/CAD fell to a session low at 1.0280 at 12:26 GMT, after which consolidation followed at 1.0290, decreasing 0.14% for the day. Support was […] Read more

GBP/USD steady, close to nine-month highs

September 30, 2013 10:14 am
British pound was trading steadily and in proximity to the highest point in nine months against the US dollar on Monday, following the release of UK data points, while concerns over a possible US government shut down weighed on the greenback. GBP/USD reached a session high at 1.6180 at 0:30 GMT, the pairs highest point […] Read more

NZD/USD little changed

September 30, 2013 8:52 am
New Zealand dollar was almost unchanged against its US counterpart on Monday, despite the release of positive data regarding business confidence in New Zealand. NZD/USD touched a session high at 0.8286 at 3:50 GMT, after which consolidation followed at 0.8281, gaining a mere 0.01% for the day. Support was likely to be found at September […] Read more

EUR/USD with daily losses after disappointing German retail sales

September 30, 2013 8:08 am
The euro was losing ground against the US dollar on Monday, as political instability in Italy persisted and after a report said that German retail sales increased less than projected in August. EUR/USD reached a session low at 1.3477 at 6:58 GMT, after which consolidation followed at 1.3486, falling 0.27% for the day. Support was […] Read more

USD/JPY lower after mixed Japanese data, safe haven demand

September 30, 2013 7:12 am
US dollar was trading lower against the Japanese yen on Monday, following the release of mixed economic data out of Japan, while concerns over a possible US government shutdown triggered safe haven demand for the yen. USD/JPY slipped to a session low at 97.67 at 0:50 GMT, after which consolidation followed at 97.97, falling 0.29% […] Read more

EUR/USD continued climbing after US data points, Evans comments

September 27, 2013 2:10 pm
The euro continued to gain against the US dollar on Friday, despite that US personal income and personal expenditures came in consonance with forecasts, but consumer confidence index slowed down, according to official data, while the lack of clarity over the future of Federal Reserve Banks stimulus program was boosted additionally by comments made by […] Read more

GBP/USD advanced on upbeat UK housing data, Carney statement

September 27, 2013 9:21 am
British pound received support against the US dollar on trading Friday, following a report to show that UK house prices increased at a faster rate than projected in September, while Bank of England (BoE) Governor Mark Carney said for a UK newspaper that he saw no case for further monetary stimulus. GBP/USD soared to a […] Read more

AUD/USD lower on US fiscal worries

September 27, 2013 8:38 am
Australian dollar slid against its US peer on Friday, heading for its first weekly decline in September, as fears of a possible US government shutdown due to a budget deadlock, urged market players to abandon higher-yielding currencies, such as the Aussie. AUD/USD slid to a session low at 0.9325 at 7:52 GMT, after which consolidation […] Read more

EUR/USD traded steadily, US fiscal concerns in focus

September 27, 2013 7:38 am
The euro traded steadily against the US dollar on Friday, as fears arose that the budget deadlock among US policymakers may lead to a government shutdown. EUR/USD touched a session high at 1.3501 at 6:07 GMT, after which consolidation followed at 1.3496, gaining 0.06% for the day. Support was likely to be found at September […] Read more