Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

NZD/USD slid ahead of US retail sales report

August 12, 2013 8:33 am
New Zealand dollar retreated against its US counterpart on Monday, as market participants remained wary ahead of the US retail sales report, scheduled for release on Tuesday amid the continuing lack of clarity over the future of Federal Reserve Banks stimulus. NZD/USD hit its lowest point for todays trade at 0.7991 at 7:52 GMT, after […] Read more

USD/JPY higher after weak Japanese GDP

August 12, 2013 8:06 am
US dollar was trading higher against the Japanese yen on Monday, after showing a short slide to session lows during Asian trade, following a report to state that Japanese economy expanded less than projected during the second three months of the year. USD/JPY bounced off its lowest point for todays session at 95.91, to trade […] Read more

AUD/USD lower in light trade

August 12, 2013 7:21 am
Australian dollar was trading on lower levels against the greenback during early European session on Monday, because of the lack of clarity, regarding the timing of Federal Reserve Banks asset purchase scale back. AUD/USD reached its lowest point today at 0.9171 at 0:00 GMT, after which consolidation followed at 0.9184, still erasing 0.15% daily. Support […] Read more

EUR/USD slipped sligthly lower in early European trade

August 12, 2013 7:00 am
The euro showed a slight retreat against the US dollar during the early phase of Mondays European session, as markets awaited the official US retail sales figure, due to be released on Tuesday. EUR/USD came off a session high at 1.3343, recorded during the early Asian session, as the pair was trading at 1.3328 at […] Read more

EUR/USD lost earlier gains

August 9, 2013 2:44 pm
The euro vanquished positions it gained earlier on Friday against the US dollar through the course of a light trade, after the release of weak French manufacturing production data and amid the continuing uncertainty over the future of Feds stimulus program. EUR/USD slipped to its lowest point during todays session at 1.3348 at 13:19 GMT, […] Read more

USD/CAD on fresh highs after downbeat Canadian employment report

August 9, 2013 2:01 pm
US dollar rose to fresh session highs against its Canadian counterpart on Friday, as Canadian employers unexpectedly closed job positions in July, while unemployment rate rose. USD/CAD jumped to its highest point today at 1.0351 at 13:26 GMT. Support for the pair was expected at current session low, 1.0287, while resistance was likely to be […] Read more

GBP/USD slightly higher

August 9, 2013 9:50 am
British pound was trading slightly higher against the US dollar on Friday, following the positive data, regarding UK trade balance, as demand for the greenback was still pressured due to the lack of clarity about the future of Federal Reserves Quantitative Easing. GBP/USD came off a session low at 1.5527, recorded at 8:12 GMT, to […] Read more

NZD/USD little changed

August 9, 2013 8:41 am
New Zealand dollar was trading almost without change against the greenback in quiet trade on Friday, as uncertainty over the future of Federal Reserve Banks easing program continued to weigh on the US currency. NZD/USD reached a session high at 0.8019 at 6:32 GMT, after which the pair consolidated at 0.8012, up by a mere […] Read more

AUD/USD higher in spite of reduced GDP outlook by RBA

August 9, 2013 8:02 am
Australian dollar continued its upward movement against the greenback on Friday, poised for its best weekly performance since 2011, despite the revised down forecast of Australian GDP by the Reserve Bank of Australia (RBA). AUD/USD gradually rose to a session high at 0.9152 at 6:32 GMT, after which the pair consolidated at 0.9142, still up […] Read more

USD/JPY slid on FED tapering signal

August 9, 2013 7:18 am
US dollar was set to lose ground against most of its peers on a weekly basis, sliding lower against the Japanese yen as well on Friday, as four Federal Reserve officials with varied voting records on monetary stimulus gave indications of a greater willingness this week to begin tapering asset purchases as soon as central […] Read more