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EUR/USD erased gains in calm trade

August 16, 2013 7:26 am
The euro was sliding against the US dollar on Friday before the release of reports to show the final value of Euro zones harmonized index of consumer prices and current account, as market players remained wary due to continuing lack of clarity over the future of Federal Reserves easing program. EUR/USD reached its lowest point […] Read more

AUD/USD with slight gains, mixed US data still weighs

August 16, 2013 6:57 am
Australian dollar was trading slightly higher against its US counterpart on Friday, after markets reflected the series of mixed data, that came out of the United States on Thursday. AUD/USD reached its highest point on trading Friday at 0.9176 at 3:42 GMT, after which consolidation followed at 0.9151. Support was likely to be received at […] Read more

USD/CAD on session lows as US PPI disappoints

August 14, 2013 2:37 pm
US dollar fell to its lowest point against its Canadian peer on trading Wednesday, following the release of a report to show that US producer prices remained flat in July, which raised fears that economic recovery might be not strong enough. USD/CAD slid to a session low at 1.0323 at 13:12 GMT, after which consolidation […] Read more

USD/CHF on two-week highs ahead of US producer price data

August 14, 2013 11:45 am
On Wednesday the greenback climbed to its highest in two-weeks against the Swiss franc, as markets awaited the producer price report out of the United States amid renewed expectations that the Federal Reserve Bank will soon begin to taper its Quantitative Easing. USD/CHF reached its highest point today at 0.9376 at 9:45 GMT, also the […] Read more

GBP/USD on session highs after UK jobless claims

August 14, 2013 9:47 am
Sterling climbed to its highest against the US dollar on Wednesday, following the release of reports to show UK unemployment rate remained steady and jobless claims decreased. GBP/USD rose to a session high at 1.5505 at 8:38 GMT, after which consolidation followed at 1.5467. Support was likely to be found at current session low, 1.5421, […] Read more

USD/JPY higher after US retail sales

August 14, 2013 9:00 am
US dollar continued its advance against the Japanese yen on Wednesday, after the strong Tuesday session for the greenback, following the release of positive retail sales report out of the United States. USD/JPY hit a session high at 98.41 at 5:42 GMT, the pairs highest point since August 6th, after which consolidation followed at 98.30, […] Read more

AUD/USD ignored positive Australian consumer confidence

August 14, 2013 7:54 am
Australian dollar seemed to ignore the positive signal, submitted by the upbeat Australian consumer confidence data, falling against its US counterpart on Wednesday, as the greenback remained strongly supported by renewed expectations that Fed will begin tapering its bond-purchasing program soon. AUD/USD slid to its lowest point today at 0.9084 at 5:32 GMT, after which […] Read more

NZD/USD supported after positive NZ retail sales data

August 14, 2013 7:23 am
New Zealand dollar gained positions against its US counterpart on Wednesday, following the release of optimistic retail sales report out of New Zealand, while the greenback was still supported after yesterdays US retail sales data. NZD/USD reached its highest point at 0.7986 during the early phase of Asian trade, after which consolidation followed at 0.7981, […] Read more

EUR/USD found its way up after German and French GDP

August 14, 2013 6:59 am
The euro advanced against the US dollar on Wednesday, following reports to show that French and German economies expanded more than anticipated during the second quarter of the year, boosting optimism over recovery in the euro region. EUR/USD reached its highest point today at 1.3278 at 6:01 GMT, after which consolidation followed at 1.3267, ticking […] Read more

USD/CAD on session highs after US retail sales report

August 13, 2013 2:31 pm
US dollar climbed to its highest point during Tuesday trade against its Canadian counterpart, after an official report showed that core retail sales in the United States rose at the fastest rate in seven months in July, adding to expectations of a soon bond purchase scale back by the Federal Reserve Bank. USD/CAD hit a […] Read more