September 4, 2013 2:24 pm
The euro was trading steadily against the US dollar on Wednesday, after the release of downbeat trade balance data out of the United States, while concerns over a possible military campaign against Syria by the US were still present. EUR/USD touched a session high at 1.3185 at 10:46 GMT, after which consolidation followed at 1.3166, […]
Read moreSeptember 4, 2013 9:28 am
The pound soared to its highest point today against the US dollar, following the release of stronger than expected report on services PMI in the United Kingdom. GBP/USD hit a session high at 1.5609 at 9:02 GMT, after which the pair consolidated at 1.5605, up by 0.29% for the day. Support was likely to be […]
Read moreSeptember 4, 2013 8:57 am
US dollar was little changed against the Japanese yen on Wednesday, as positive Japanese PMI supported the yen, while expectations of a near-term scale back of the Federal Reserve Banks Quantitative Easing continued underpinning demand for the greenback. USD/JPY reached a session high at 99.79 at 6:04 GMT, after which consolidation followed at 99.60, with […]
Read moreSeptember 4, 2013 8:17 am
New Zealand dollar climbed to its highest point on Wednesday against its US peer, but gains seemed to remain capped due to mounting expectations that the Federal Reserve Bank will pare back its stimulus program in September. NZD/USD rose to a session high at 0.7866 at 8:05 GMT, after which consolidation followed at 0.7864, gaining […]
Read moreSeptember 4, 2013 7:56 am
Australian dollar climbed to the highest in two weeks against its US peer on Wednesday, following a report to show that Australian Gross Domestic Product exceeded expectations during the second quarter of the year, despite that expectations of a possible scale back of Federal Reserves stimulus program still underpinned demand for the greenback. AUD/USD rose […]
Read moreSeptember 4, 2013 6:51 am
The euro traded in proximity to six-week lows against the US dollar on Wednesday, amid signs that US economic recovery was gaining traction, adding to the view of a possible scale back to the Federal Reserve Bank stimulus program this month. EUR/USD slid to a session low at 1.3159 at 6:10 GMT, after which consolidation […]
Read moreSeptember 3, 2013 2:50 pm
US dollar distanced from the lowest point, recorded today against its Canadian peer, following the release of upbeat ISM manufacturing report out of the United States. USD/CAD slid to a session low at 1.0507 at 13:22 GMT, the pairs lowest point since August 30th, after which consolidation followed at 1.0529, down by 0.21% for the […]
Read moreSeptember 3, 2013 12:32 pm
US dollar climbed to the highest level in one month against the Swiss franc on Tuesday, as expectations grew that the Federal Reserve Bank may scale back its asset purchases this month, giving support to the greenback. USD/CHF hit a session high at 0.9374 at 7:34 GMT, also the pairs highest point since August 15th, […]
Read moreSeptember 3, 2013 9:28 am
The sterling climbed to its highest point in a week against the US dollar on Tuesday, after a report showed that activity in UK construction sector rose to a six-year high in August. GBP/USD soared to a session high at 1.5601 at 8:30 GMT, also the pairs highest point since August 26th, after which consolidation […]
Read moreSeptember 3, 2013 8:54 am
New Zealand dollar showed a certain advance against its US peer on Tuesday, following the release of upbeat economic reports out of the Euro zone and China on Monday, which boosted outlook over global recovery. NZD/USD rose to its highest point on Tuesday at 0.7839 during the early phase of Asian trade, after which the […]
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