September 9, 2013 8:09 am
The Aussie traded higher against the US dollar on Monday after the nations elections and increased number of home loans in August. AUD/USD reached a session high at 0.9209 during the early Asian trade, after which consolidation followed at 0.9199, gaining 0.09% on a daily basis. Support was expected at September 6th low, 0.9115, while […]
Read moreSeptember 9, 2013 6:55 am
US dollar gained ground against the Japanese yen on Monday, following the upbeat GDP report out of Japan, while Tokyo’s winning bid to host the Olympics in 2020 bolstered optimism in Japanese Prime Minister Shinzo Abe’s fiscal and monetary measures. USD/JPY climbed to a session high at 100.09 during the early phase of Asian trade, […]
Read moreSeptember 6, 2013 2:30 pm
US dollar lost sharply positions against its Canadian counterpart on Friday, after a report showed US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program scale back by the Federal Reserve Bank in September to re-appear. USD/CAD lost more than 1% during todays trade, falling to […]
Read moreSeptember 5, 2013 2:36 pm
US dollar traded steadily against its Canadian counterpart, after losing certain ground earlier on Thursday, following the release of positively-toned reports on initial jobless claims, employment change and activity in the sector of services out of the United States. USD/CAD distanced from its lowest point today at 1.0474, recorded at 12:21 GMT, to trade at […]
Read moreSeptember 5, 2013 1:22 pm
The euro fell sharply against the US dollar on Thursday, following the interest rate decision by the European Central Bank (ECB) and the release of series of data on employment out of the United States, which added to the case that the Federal Reserve Bank may start tapering its easing program this month. EUR/USD came […]
Read moreSeptember 5, 2013 12:39 pm
Having lost ground against the US dollar earlier on Thursday, the sterling managed to recover and climb to the highest point for todays trade, after Bank of England (BoE) decided to leave its monetary policy unchanged. GBP/USD hit a session high at 1.5661 at 11:19 GMT, after which consolidation followed at 1.5646, gaining 0.12% for […]
Read moreSeptember 5, 2013 9:05 am
US dollar advanced to its highest level in six weeks against the Japanese yen on Thursday, following the decision by Bank of Japan to leave its monetary policy course unchanged and amid expectations of a possible scale back of Federal Reserve Banks easing program this month. USD/JPY hit a session high at 100.08 at 7:35 […]
Read moreSeptember 5, 2013 7:26 am
The euro slipped to negative territory against the US dollar on Thursday, as market players remained wary ahead of European Central Banks (ECB) rate decision and the ADP report on US employment. EUR/USD slid to a session low at 1.3162 at 5:45 GMT, after which consolidation followed at 1.3175, down by 0.24% for the day. […]
Read moreSeptember 5, 2013 6:49 am
Australian dollar came off over two-week highs against its US peer on Thursday, following the downbeat trade balance report out of Australia and ahead of ADP Research Institute report on employment in the United States. AUD/USD fell from the current session high at 0.9187, recorded at 1:50 GMT, which was pairs highest level since August […]
Read moreSeptember 4, 2013 2:54 pm
US dollar entered negative territory against its Canadian counterpart on Wednesday, following the release of downbeat US and Canadian trade balance reports, while expectations that the Federal Reserve Bank will begin trimming its asset purchases in September were still providing support for the greenback. USD/CAD reached a session low at 1.0477 at 10:30 GMT, also […]
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