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AUD/USD trimmed earlier losses on Chinese PMI

August 1, 2013 6:58 am
On Thursday Australian dollar managed to pare losses, registered on Wednesday, against the greenback, but was still on negative territory, after the official report on Chinese Purchasing Managers Index. During earlier Asian session AUD/USD pair fell to a session low at 0.8925, after which consolidation followed at 0.8970. The support level at 0.8999 was obviously […] Read more

USD/CAD advanced on positive series of US data

July 31, 2013 2:52 pm
US dollar gained ground against its Canadian counterpart on Wednesday as well, boosted by a series of upbeat economic indicators out, released of the United States, while markets awaited the FOMC decision on policy. USD/CAD reached a session high at 1.0334 at 12:30 GMT, the highest point since July 23rd, after which consolidation followed at […] Read more

AUD/USD on almost three-year lows after US Employment and GDP reports

July 31, 2013 2:13 pm
Australian dollar plunged to its lowest point in almost three years against the US dollar on Wednesday, following the release of upbeat Employment and Gross Domestic Product reports out of the United States. AUD/USD collapsed to a session low at 0.8946 at 12:31 GMT, a level unseen since September 2010, after which consolidation followed at […] Read more

EUR/USD in steady trade after Euro zone economic reports

July 31, 2013 12:15 pm
The euro traded steadily against the US dollar during late European session on Wednesday, following the reports on inflation and unemployment in the Euro zone, as markets awaited Federal Reserves policy statement later in the day. EUR/USD slipped to a session low at 1.3248 at 10:40 GMT, after which the pair consolidated at 1.3259, down […] Read more

USD/CHF on over one-month lows

July 31, 2013 11:48 am
US dollar tumbled to more than one-month lows against the Swiss franc on Wednesday, as the Swissie found support after the release of positive data out of Switzerland, regarding the KOF Leading Indicator. USD/CHF fell to 0.9252 at 8:38 GMT, the lowest point since June 21st, after which consolidation followed at 0.9270. The pair was […] Read more

EUR/USD on session highs after positive German and Italian Unemployment reports

July 31, 2013 9:22 am
The euro reached a fresh new session high against the US dollar on Wednesday, following the release of optimistic data, regarding Unemployment in Germany and Italy. EUR/USD hit the highest point for todays session at 1.3290 at 8:00 GMT, after which consolidation followed at 1.3281. Today it became clear that the number of unemployed people […] Read more

GBP/USD little changed before FOMC

July 31, 2013 8:28 am
British pound showed little change against the US dollar on trading Wednesday, as investors used caution, making decisions just ahead of the anticipated statement on monetary policy by the Federal Reserve Bank later in the day. GBP/USD distanced from its lowest point today at 1.5198, reached at 7:14 GMT, to trade at 1.5236 at 8:12 […] Read more

USD/JPY slid in expectation of FOMC decision

July 31, 2013 8:01 am
US dollar registered a retreat against the Japanese yen on Wednesday, as market players remained wary ahead of FEDs statement on monetary policy later today. USD/JPY hit a session low at 97.76 at 6:10 GMT, after which consolidation followed at 97.95, down by 0.08% for the day. Support was expected at June 26th low, 97.24, […] Read more

NZD/USD slightly lower ahead of FOMC decision

July 31, 2013 7:12 am
New Zealand dollar traded slightly lower against its US counterpart on Wednesday, as investors expected the decision on monetary policy by the Federal Open Market Committee later in the day. NZD/USD reached a session high at 0.7990 at 6:06 GMT, after which consolidation followed at 0.7981. Support was likely to be found at July 19th […] Read more

EUR/USD close to session highs

July 30, 2013 2:01 pm
The euro gained ground against the US dollar on Tuesday, trading close to the highest point for current session, following the release of series of economic indicators out of the Euro zone and the United States. EUR/USD touched a session high at 1.3299 at 11:42 GMT, after which the pair consolidated at 1.3285, still up […] Read more