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EUR/USD traded with stability close to seven-week highs

August 9, 2013 6:37 am
The euro was trading steadily against the US dollar on Friday in proximity to seven-week highs, as German trade balance data, released yesterday, continued to support the single currency. EUR/USD reached its highest point today at 1.3389 at 6:17 GMT, after which consolidation followed at 1.3386. Support for the pair was to be received at […] Read more

EUR/USD on new seven-week highs

August 8, 2013 2:58 pm
The euro advanced to a fresh new seven-week highs against the greenback on Thursday, as uncertainty over the future of Federal Reserve Banks Quantitative Easing continued to persist, reflecting on the demand for the US dollar. EUR/USD reached a new session high at 1.3392 at 14:15 GMT, the pairs highest since June 19th, after which […] Read more

USD/CAD decreased after US initial jobless claims

August 8, 2013 2:22 pm
US dollar was trading lower against its Canadian counterpart on Thursday, following the release of the weekly report on initial jobless claims out of the United States and amid the ongoing uncertainty over the future of Federal Reserves stimulus program. USD/CAD slid to a session low at 1.0393 at 13:24 GMT, after which consolidation followed […] Read more

NZD/USD little changed in calm trade

August 8, 2013 9:39 am
New Zealand dollar reduced earlier gains against the greenback on trading Thursday, as market players were focusing on the weekly report of US initial jobless claims, scheduled for release later in the day. NZD/USD came off a session high at 0.7981, recorded at 6:43 GMT, to trade at 0.7971 at 9:28 GMT, ticking down a […] Read more

GBP/USD close to seven-week highs

August 8, 2013 9:09 am
British pound was trading in proximity to seven-week highs against the US dollar on Thursday, a day after Bank of Englands decision to maintain interest rates at current record low level until unemployment rate in the United Kingdom decreases to 7%. GBP/USD hit a session high at 1.5518 at 7:00 GMT, the highest point in […] Read more

USD/JPY on seven-week lows

August 8, 2013 8:38 am
US dollar was trading close to seven-week lows against the Japanese yen on Thursday due to safe heaven demand boost for the Japanese currency, amid continuing uncertainty over the future of Federal Reserves stimulus program. USD/JPY fell to a session low at 96.08 at 6:44 GMT, the pairs lowest point since June 19th, after which […] Read more

AUD/USD rose to highest levels this month despite weak Australian employment data

August 8, 2013 8:03 am
Australian dollar increased its value against the greenback on Thursday, despite the disappointing employment change report out of Australia, but on the other hand the Aussie received a boost after Chinese import figure rose more than projected in July. AUD/USD climbed to a session high at 0.9088 at 5:39 GMT, the highest point since July […] Read more

EUR/USD on seven-week highs

August 8, 2013 7:07 am
The euro was trading close to seven-week highs against the US dollar on Thursday, as uncertainty over the future of FEDs Quantitative Easing still pressured the greenback. EUR/USD reached its highest point for todays trade at 1.3352 at 5:43 GMT, also the pairs highest since June 19th, after which consolidation followed at 1.3339. Support was […] Read more

USD/CAD on session highs after disappointing building permits data from Canada

August 7, 2013 2:40 pm
US dollar gained ground against its Canadian counterpart, reaching its highest point during Wednesday trade, following a report to show building permits in Canada plummeting for the first time in six months during June. USD/CAD hit a session high at 1.0443 at 13:05 GMT, the highest since July 11th, after which consolidation followed at 1.0427. […] Read more

GBP/USD on 1.5-month highs after BoE report, Carney press conference

August 7, 2013 2:12 pm
The pound climbed to almost 1.5-month highs against the US dollar on Wednesday after Bank of England maintained interest rates at current record lows until unemployment rate in the United Kingdom decreases to 7%. GBP/USD reached its highest point since June 21st at 1.5491 at 10:55 GMT, after tumbling to 1.5207 earlier today, close to […] Read more