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GBP/USD close to session highs following UK data, gains capped

July 19, 2013 9:38 am
British pound gradually advanced against the US dollar on Friday, but gains seemed capped, following the weak Public Sector Net Borrowing data, released from the United Kingdom today. GBP/USD cross reached a session high at 1.5257 at 9:01 GMT, the highest point since July 17th, after which consolidation followed at 1.5245, still on positive territory […] Read more

USD/CHF off session highs in calm trade

July 19, 2013 9:01 am
US dollar pulled back from session highs against the Swiss franc on Friday, as demand for the greenback was under the influence of the comments made by FED Chairman Ben Bernanke during his testimony in front of the Senate Banking Committee yesterday. USD/CHF fell off session highs at 0.9461, recorded at 0:40 GMT, to reach […] Read more

USD/JPY cut earlier gains after Bernanke’s testimony

July 19, 2013 8:17 am
US dollar traded on lower levels against the Japanese yen on Friday, after the second day of the testimony by Federal Reserve Bank Chairman Ben Bernanke and the decline in Asian shares ahead of the upper-house elections of Japanese parliament on July 21st. USD/JPY fell to a session low at 99.89 at 5:38 GMT, after […] Read more

USD/CAD off session lows, loonie supported

July 19, 2013 7:02 am
Canadian dollar advanced further against its US counterpart on Friday, continuing this movement from yesterday, after Canadian wholesale sales recorded unexpected jump in May, as shown on Thursday. USD/CAD slid to a session low at 1.0359 at 3:31 GMT, after which consolidation followed at 1.0375, still slightly on negative territory, losing 0.05% for the day. […] Read more

NZD/USD showed steadiness after Bernanke comments

July 19, 2013 6:30 am
New Zealand dollar traded steadily against its US peer during the early Friday session, as demand for the kiwi dollar was supported. NZD/USD hit a session high at 0.7919 at 3:31 GMT, after which consolidation followed at 0.7910, still up by 0.08% for the day. Support was expected at July 16th low, 0.7800, while resistance […] Read more

EUR/USD traded on lower levels, following Ben Bernanke’s testimony

July 18, 2013 8:54 am
The euro traded lower against the US dollar on Thursday, continuing this movement from yesterday, following congressional testimony by FED Chairman Bernanke, where he left room for a possible delay in the monthly bond purchases, depending on economic data. EUR/USD fell to a session low at 1.3091 at 5:29 GMT, after which consolidation followed at […] Read more

USD/CAD reduced earlier gains after Bank of Canada’s rate decision

July 17, 2013 2:57 pm
US dollar pared its gains against the Canadian counterpart on Wednesday, following Bank of Canadas decision to keep the base interest rate on hold at its monthly meeting. USD/CAD fell off session highs at 1.0431, recorded at 14:00 GMT, after which was trading at 1.0410 at 14:27 GMT, still up by 0.40% for the day. […] Read more

EUR/USD on session highs after US housing starts and Bernanke remarks

July 17, 2013 2:00 pm
The euro advanced to session highs against the US dollar during late European trade, following a report, showing that US housing starts registered a sharp decrease in June, and after FED Chairman Bernanke said the central bank still expected to start tapering its asset purchases by the end of the year, but monetary policy was […] Read more

USD/CHF close to three-week lows

July 17, 2013 12:10 pm
US dollar traded close to three-week lows against the Swiss franc on Wednesday, as investors were expecting the congressional testimony by FED Chairman Ben Bernanke, scheduled later today. USD/CHF slid to a session low at 0.9376 at 9:40 GMT, after which consolidation followed at 0.9405. Support was expected at June 25th low, 0.9320, while resistance […] Read more