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AUD/USD lower ahead of Federal Reserve meeting next week

September 13, 2013 6:46 am
Australian dollar was trading lower against its US counterpart on Friday, as market players eyed the announcement of asset purchase tapering by the Federal Reserve Bank next week. AUD/USD fell to a session low at 0.9222 at 5:43 GMT, after which consolidation followed at 0.9239, still losing 0.37% for the day. Support was likely to […] Read more

EUR/USD fell to session lows after US initial jobless claims

September 12, 2013 1:34 pm
The euro slid to its lowest point today against the US dollar, after a weekly report out of the United States showed that the number of initial jobless claims fell more than projected during last week, as this could add to the case that the Federal Reserve Bank may be closer to executing a reduction […] Read more

USD/JPY on negative territory

September 12, 2013 8:45 am
US dollar fell for the second day against the Japanese yen on Thursday, as Asian shares registered losses overnight, which supported demand for safe haven yen. USD/JPY slid to a session low at 99.18 at 6:12 GMT, the pairs lowest point since September 6th, after which consolidation followed at 99.61, erasing 0.30% for the current […] Read more

AUD/USD depreciated after Australian employment data

September 12, 2013 7:43 am
The Aussie lost positions against its US counterpart for the first time in one week on Thursday, falling from its highest point in two months, after a report showed that Australian unemployment rate rose to a four-year peak. AUD/USD slipped to a session low at 0.9233 at 6:59 GMT, after rising to its strongest point […] Read more

EUR/USD traded close to two-week highs

September 12, 2013 7:03 am
The euro was trading steadily in proximity to its highest point in two weeks against the US dollar on Thursday, as last weeks US non-farm payrolls report was still causing pressure on the greenback. EUR/USD reached a session high at 1.3323 at 3:50 GMT, after which consolidation followed at 1.3310, dipping a mere 0.01% for […] Read more

NZD/USD advanced on RBNZ Graeme Wheeler comments

September 12, 2013 6:36 am
New Zealand dollar gained ground against its US peer on Thursday, following the comments made by Reserve Bank of New Zealand Governor Wheeler earlier today. NZD/USD reached a session high at 0.8148 at 1:00 GMT, after which consolidation followed at 0.8130, gaining 0.56% for the day. Support was likely to be received at September 9th […] Read more

USD/CHF steady as Syria concerns eased

September 11, 2013 11:35 am
US dollar traded steadily against the Swiss franc on Wednesday, as sentiment improved on the upbeat Chinese data and as concerns over Syrian conflict subsided. USD/CHF hit a session low at 0.9334 at 9:15 GMT, after which consolidation followed at 0.9341, losing 0.08% on a daily basis. Support was likely to be found at August […] Read more

GBP/USD advanced to seven-month highs after upbeat UK jobless claims data

September 11, 2013 9:39 am
The sterling reached its highest point in seven months against the US dollar on Wednesday, following a report to show that the number of jobless claims in the United Kingdom unexpectedly dropped in August, giving strength to expectations that Bank of England (BoE) will raise the benchmark interest rate sooner than anticipated. GBP/USD hit a […] Read more

AUD/USD on negative territory but close to seven-week highs

September 11, 2013 8:28 am
Australian dollar was trading lower against its US counterpart, but in proximity to seven-week highs, following the positive data regarding Australian consumer confidence, while concerns over situation with Syria eased. AUD/USD slid to a session low at 0.9279 at 4:57 GMT, after which consolidation followed at 0.9291, falling 0.23% on a daily basis. Support was […] Read more