July 17, 2013 10:10 am
British pound trimmed earlier losses against the US dollar on Wednesday, following Bank of England minutes and the upbeat jobless claims report from the United Kingdom. GBP/USD suddenly rose to a session high at 1.5245 at 8:32 GMT, after which consolidation followed at 1.5191, up by 0.18% for the day. Support was likely to be […]
Read moreJuly 17, 2013 8:48 am
US dollar traded close to session highs versus the Japanese yen on Wednesday in expectation of the crucial congressional testimony by Federal Reserve Chairman Bernanke later today. USD/JPY hit a session high at 99.82 at 7:40 GMT, after which consolidation followed at 99.69, still up by 0.59% for the day. Support was likely to be […]
Read moreJuly 17, 2013 8:02 am
New Zealand dollar retreated against its US counterpart on Wednesday, as markets awaited the testimony by Ben Bernanke in front of the Congress, scheduled later in the day. NZD/USD fell to a session low at 0.7838 at 7:09 GMT, after which consolidation followed at 0.7859, still down by 0.44% for the day. Support was expected […]
Read moreJuly 17, 2013 7:32 am
Australian dollar trimmed its gains against the US counterpart on Wednesday, as market participants remained wary ahead of congressional testimony by FED Chairman Ben Bernanke later today, while a speculation appeared that Reserve Bank of Australia may reduce interest rates to a record low at its meeting next month. AUD/USD slid to a session low […]
Read moreJuly 17, 2013 6:42 am
On Wednesday the euro traded steadily against the US dollar, as market players took positions in expectation of the congressional testimony by FED Chairman Ben Bernanke later in the day. EUR/USD bounced off session lows at 1.3130, recorded at 5:58 GMT, to reach 1.3140 at 6:28 GMT. Support was expected at July 16th low, 1.3049, […]
Read moreJuly 16, 2013 1:48 pm
US dollar managed to gain against its Canadian counterpart on Tuesday, following upbeat inflation data from the United States, but demand for the greenback was still pressured ahead of congressional testimony by FED Chairman Ben Bernanke. USD/CAD bounced off session lows at 1.0401, recorded at 12:25 GMT, to reach 1.0434. Support was likely to be […]
Read moreJuly 16, 2013 1:14 pm
US dollar traded lower against the Swiss franc on Tuesday, as the greenback was under pressure ahead of congressional testimony by Ben Bernanke on Wednesday. USD/CHF hit a session low at 0.9420 at 12:48 GMT, after which consolidation followed at 0.9431. Support was likely to be received at July 11th low, 0.9412, while resistance was […]
Read moreJuly 16, 2013 12:46 pm
The euro rose to session highs against the widely retreating US dollar on Tuesday, as market players awaited the testimony by Ben Bernanke in front of the Congress and following German Chancellor Angela Merkels comments earlier today. EUR/USD hit a session high at 1.3129 at 11:22 GMT, the highest point since July 11th, after which […]
Read moreJuly 16, 2013 10:01 am
British pound slid against the US dollar on Tuesday, following the official consumer price index report from the United Kingdom, which showed consumer inflation rose less than expected during June. GBP/USD cross fell to a session low at 1.5044 at 8:45 GMT, after which consolidation followed at 1.5054. Support was expected at July 11th low, […]
Read moreJuly 16, 2013 8:41 am
Alongside Australian dollar, the kiwi dollar was also on higher levels against the US dollar on Tuesday, because demand for the greenback was put under pressure ahead of Ben Bernankes testimony to Congress tomorrow. NZD/USD hit a session high at 0.7849 at 7:44 GMT, after which consolidation followed at 0.7831. Support was expected at July […]
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