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USD/JPY on seven-week highs after Barack Obama’s statement

September 11, 2013 6:37 am
US dollar climbed to its highest point in seven weeks against the Japanese yen on Wednesday, after US President Barack Obama called for a pause in authorizing a military operation in Syria, while safe haven demand for the Japanese currency lost its appeal. USD/JPY reached a session high at 100.60 at 4:40 GMT, the pairs […] Read more

USD/CAD remained lower despite downbeat Canadian housing starts data

September 10, 2013 2:13 pm
US dollar continued trading on lower levels against its Canadian counterpart on Tuesday, although a report showed an unexpectedly strong contraction in Canadian housing starts, but chilled out concerns over situation with Syria and upbeat string of Chinese data boosted appetite for riskier assets. USD/CAD fell to a session low at 1.0330 at 11:50 GMT, […] Read more

USD/CHF hit session highs

September 10, 2013 12:22 pm
US dollar advanced to its highest point against the Swiss franc on Tuesday, after the release of optimistic economic data out of China, which supported outlook over world’s second largest economy and safe haven demand for currencies such as the yen and the franc diminished. USD/CHF hit a session high at 0.9367 at 11:56 GMT, […] Read more

GBP/USD steady in proximity to session highs

September 10, 2013 10:04 am
The sterling was trading with stability close to current session highs against the US dollar on Tuesday, as another upbeat string of Chinese data supported outlook over worlds second largest economy, while the greenback was still under pressure after the non-farm payrolls report out of the United States last Friday. GBP/USD reached its highest point […] Read more

AUD/USD extended gains from yesterday

September 10, 2013 7:03 am
Australian dollar continued to advance against its US peer on Tuesday after the Australian elections and another set of upbeat Chinese data. AUD/USD touched a session high at 0.9288 at 5:31 GMT, the pairs highest point since July. Support was likely to be found at September 4th low, 0.9038, while resistance was to be met […] Read more

USD/CAD bounced from session lows

September 9, 2013 2:29 pm
US dollar distanced from its lowest point on Monday against the Canadian currency, while earlier the loonie advanced on upbeat Canadian building permits data. USD/CAD fell to a session low at 1.0362 at 12:32 GMT, the pairs lowest point since August 20th, after which consolidation followed at 1.0376, still losing 0.34% for the day. Support […] Read more

USD/CHF slightly lower after slowing down Swiss retail sales

September 9, 2013 11:42 am
US dollar was trading on negative territory against the Swiss franc on Monday, following a report to show Swiss retail sales sharply slowed down in July, while the greenbacks demand was still pressured by the disappointing US non-farm payrolls data, that came out last Friday. USD/CHF slipped to a session low at 0.9364 at 9:40 […] Read more

NZD/USD on positive territory

September 9, 2013 9:28 am
New Zealand dollar traded higher against its US counterpart on Monday, as the greenback was pressured after the downbeat US non-farm payrolls data, published on Friday. NZD/USD climbed to its highest point today at 0.8014 at 8:48 GMT, after which consolidation followed at 0.8008, gaining 0.04% for the day. Support was likely to be found […] Read more

EUR/USD almost unchanged

September 9, 2013 8:50 am
The euro was little changed against the US dollar on Monday, after a report showed on Friday that US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program pare back by the Federal Reserve Bank in September to re-appear. EUR/USD touched a session high at 1.3188 […] Read more