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AUD/USD on negative territory ahead of Fed policy decision

September 18, 2013 6:43 am
Australian dollar traded lower against its US counterpart on Wednesday, as investors awaited the outcome of Federal Reserves monthly meeting later in the day. AUD/USD fell to a session low at 0.9335 at 0:40 GMT, after which consolidation followed at 0.9359. Support was likely to be found at September 9th low, 0.9168, while resistance was […] Read more

USD/CAD lower after US CPI data, Fed meeting in focus

September 17, 2013 2:37 pm
US dollar traded lower against its Canadian counterpart on Tuesday, after US consumer prices registered an insignificant increase, while the outcome of the monthly policy meeting by the Federal Reserve Bank was put into investors focus. USD/CAD hit a session low at 1.0302 at 12:30 GMT, after which consolidation followed at 1.0311, losing 0.15% for […] Read more

EUR/USD on positive territory amid ZEW optimism about Euro zone economy

September 17, 2013 11:58 am
The euro registered gains against the US dollar on Tuesday, following an upbeat set of ZEW indicators out of the Euro zone and Germany, which bolstered optimism, regarding economic recovery in the region. EUR/USD reached a new session high at 1.3367 at 9:00 GMT, after which consolidation followed at 1.3362, gaining 0.21% for the day. […] Read more

GBP/USD fell from session highs after UK data string

September 17, 2013 9:19 am
British pound came off almost eight-month highs against the US dollar on Tuesday, following official data to show that consumer price index in the United Kingdom decelerated in August, while the greenback was pressured ahead of Federal Open Market Committee (FOMC) policy meeting, starting later today. GBP/USD fell from a session high at 1.5935, recorded […] Read more

NZD/USD little changed as FOMC meeting was in focus

September 17, 2013 8:41 am
New Zealand dollar traded with a slight change against its US counterpart on Tuesday, as investors remained wary ahead of the decision by the Federal Reserve Bank regarding stimulus. NZD/USD touched a session high at 0.8189 at 1:30 GMT, the pairs highest point since May 16th, after which consolidation followed at 0.8177, gaining 0.07% on […] Read more

USD/JPY slightly higher before Fed

September 17, 2013 8:08 am
US dollar traded slightly higher against the Japanese yen on Tuesday, as investors were predominantly cautious ahead of the outcome of Federal Reserve Banks two-day monetary policy meeting, starting today. USD/JPY reached a session high at 99.36 at 3:00 GMT, the pairs highest point since September 13th, after which consolidation followed at 99.23, gaining 0.14% […] Read more

EUR/USD almost unchanged ahead of Fed meeting

September 17, 2013 7:15 am
The euro was little changed against the US dollar on Tuesday, as market players were eyeing the outcome of Federal Reserve Banks two-day meeting on policy, starting today. EUR/USD reached a session high at 1.3348 at 6:30 GMT, after which consolidation followed at 1.3344. Support was likely to be received at psychological level of 1.3300, […] Read more

AUD/USD erased earlier losses following RBA minutes

September 17, 2013 6:45 am
Australian dollar managed to erase earlier losses against the greenback on Tuesday, after the release of Australian data and the minutes from Reserve Bank of Australias most recent meeting on policy. AUD/USD fell to a session low at 0.9284 at 1:50 GMT, after which consolidation followed at 0.9316, down by 0.04% for the day. Support […] Read more