September 16, 2013 2:49 pm
US dollar retreated to the lowest point against its Canadian counterpart on Monday, after the release of weak manufacturing data out of the United States. USD/CAD slid to a session low at 1.0281 at 7:00 GMT, the pairs lowest point since August 12th, after which consolidation followed at 1.0300, falling 0.54% for the day. Support […]
Read moreSeptember 16, 2013 11:46 am
The euro trimmed earlier gains, but remained on positive territory against the US dollar, following the release of the harmonized index of consumer prices out of the Euro zone. EUR/USD slipped to a session low at 1.3341 at 9:10 GMT, after which consolidation followed at 1.3350, still up by 0.34% for the day. Support was […]
Read moreSeptember 16, 2013 9:31 am
British pound jumped to the highest point in eight months against the US dollar on Monday, as Lawrence Summers withdrew from the contest to govern the Federal Reserve Bank, while he would put bank’s policy course of holding down borrowing costs to a halt, which bolstered wide risk rally. GBP/USD soared to a session high […]
Read moreSeptember 16, 2013 8:56 am
New Zealand dollar climbed to its highest point in four weeks against the US peer on Monday, as the greenback was still pressured after Lawrence Summers decision to withdraw from the contest for the Federal Reserve Chairman position and amid expectations of the two-day meeting on policy by the central bank. NZD/USD soared to a […]
Read moreSeptember 16, 2013 7:58 am
The euro preserved gains against the US dollar on Monday, as Lawrence Summers left the contest for the Federal Reserve Chairman post, which dampened expectations of a possible early halt to expansionary monetary policy. EUR/USD hit a session high at 1.3381 during the early phase of Asian trade, also the pairs highest point since August […]
Read moreSeptember 16, 2013 7:04 am
US dollar was losing ground against the Japanese yen on Monday, as tapering fears were raised amid the exit of former Treasury Secretary Lawrence Summers from the race to govern the Federal Reserve Bank and after US President Barack Obama said in a statement that he accepted this withdrawal. USD/JPY fell to a session low […]
Read moreSeptember 13, 2013 2:48 pm
US dollar was slightly higher against its Canadian peer on Friday, following the release of a series of mixed economic data out of the United States. USD/CAD bounced off its lowest point today at 1.0325, recorded at 12:40 GMT, after which consolidation followed at 1.0336, gaining 0.11% on a daily basis. Support was likely to […]
Read moreSeptember 13, 2013 1:43 pm
The euro advanced to its highest level against the US dollar on trading Friday, following a report to show that US retail sales rose at a slower pace than projected in August, while investors were eyeing the Federal Reserves meeting on policy next week. EUR/USD touched a session high at 1.3320 at 12:40 GMT, after […]
Read moreSeptember 13, 2013 8:50 am
The sterling traded steadily in proximity to its highest level in seven months against the US dollar on Friday, as UK construction data was in sight and it could add to expectations that Bank of England (BoE) may consider a raise in the benchmark rate sooner than anticipated. GBP/USD reached a session high at 1.5813 […]
Read moreSeptember 13, 2013 8:08 am
US dollar remained higher against the Japanese yen on trading Friday, as markets awaited the series of US data later in the day and the two-day meeting on policy by the Federal Reserve Bank next week. USD/JPY reached a session high at 99.97 at 5:25 GMT, after which consolidation followed at 99.74, gaining 0.18% for […]
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