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AUD/USD preserved gains during the past two weeks ahead of FED meeting

July 29, 2013 7:22 am
Having registered gains during the past two weeks, Australian dollar traded still higher against its US counterpart on Monday, as speculation appeared that Federal Reserve policymakers will keep the scale of asset purchases at the central banks meeting, starting on Tuesday. AUD/USD reached a session high at 0.9286 at 3:08 GMT, after which consolidation followed […] Read more

EUR/USD close to five-week highs

July 29, 2013 7:03 am
On Monday the euro traded in proximity to five-week highs against the US dollar, as investors focus was upon upcoming US pending home sales and the statements on monetary policy by the European Central Bank and the Federal Reserve. EUR/USD hit a session high at 1.3291 at 3:08 GMT, the highest point since June 12th, […] Read more

EUR/USD remained little changed in thin trade after US consumer confidence

July 26, 2013 2:43 pm
The euro showed almost insignificant reaction against the US dollar on Friday, following the release of positive consumer sentiment data from the United States, through the course of a thin trade. EUR/USD reached a session high at 1.3296 at 14:02 GMT, after which consolidation followed at 1.3270. Support was likely to be received at July […] Read more

USD/CAD remained almost without change ahead of US consumer confidence

July 26, 2013 1:50 pm
US dollar remained almost without change against its Canadian peer on Friday, as trade was subdued and investors – wary, ahead of US consumer confidence data. USD/CAD slid to a session low, 1.0265 at 10:39 GMT, after which consolidation followed at 1.0275. Support was likely to be found at June 19th low, 1.0174, while resistance […] Read more

USD/CHF on one-month lows

July 26, 2013 12:07 pm
US dollar slid to one-month lows against the Swiss franc on trading Friday, as safe haven demand for the franc was boosted due to a decline in Asian shares, while yesterdays mixed data from the United States still weighed upon demand for the greenback. USD/CHF slid to a session low at 0.9269 at 8:15 GMT, […] Read more

GBP/USD remained steady

July 26, 2013 9:39 am
The pound traded steadily against the US dollar on Friday in proximity to session highs, heading for a third weekly gain, as trade remained subdued ahead of the US consumer confidence report, scheduled for release later in the day. GBP/USD reached a session high at 1.5414 at 8:15 GMT, after which the pair consolidated at […] Read more

AUD/USD higher and headed for a second consecutive weekly gain

July 26, 2013 8:44 am
On Friday the Australian dollar traded on higher levels against the greenback, heading for its second week of gains, following the mixed US data from yesterday amid uncertainty over the future of FEDs easing program. AUD/USD hit a session high at 0.9294 at 8:10 GMT, after which consolidation followed at 0.9290. Support for the pair […] Read more

EUR/USD edged higher close to six-week highs

July 26, 2013 6:59 am
During Fridays thin trade the euro edged higher against the US dollar, trading close to six-week highs ahead of the consumer confidence report from the United States, scheduled for release later in the day. EUR/USD reached its highest point for todays session at 1.3288 at 2:44 GMT, after which consolidation followed at 1.3277. Support was […] Read more

USD/CAD slid on downbeat US initial jobless claims

July 25, 2013 2:36 pm
The broadly retreating US dollar lost ground against its Canadian counterpart as well on trading Thursday, after the disappointing weekly report on initial jobless claims from the United States dampened optimism that the Federal Reserve will begin tapering its asset purchases, as this reflected upon greenbacks demand. USD/CAD slid to a session low at 1.0274 […] Read more