August 6, 2013 9:04 am
US dollar traded on higher levels against the Japanese yen on Tuesday, following the upbeat US ISM non-manufacturing report, released yesterday, as market participants continued to expect the possible pare back of stimulus by the Federal Reserve by the end of this year. USD/JPY reached its highest point today at 98.57 at 7:05 GMT, after […]
Read moreAugust 6, 2013 8:29 am
The euro was little changed against the US dollar on Tuesday, as market players expected the reports on the preliminary value of Italys Gross Domestic Product and Germanys factory orders, scheduled for release later in the day. EUR/USD recorded the lowest point during todays session at 1.3245 at 6:34 GMT, after which consolidation followed at […]
Read moreAugust 6, 2013 7:30 am
The Aussie soared against the US dollar on Tuesday, as Australian central bank reduced borrowing costs at its meeting in line with expectations and said that national currency remained strong. AUD/USD climbed to a session high at 0.8988 at 6:17 GMT. Support was expected at August 5th low, 0.8848, while resistance was to be encountered […]
Read moreAugust 5, 2013 2:31 pm
The euro erased completely previously gained positions and fell to its lowest point during todays session against the US dollar, following the release of an upbeat ISM non-manufacturing report out of the United States. EUR/USD touched a session low at 1.3232 at 14:03 GMT, after which the pair bounced off to trade at 1.3244. Support […]
Read moreAugust 5, 2013 1:54 pm
US dollar was almost unchanged against its Canadian counterpart on Monday in expectation of the service sector activity report out of the United States and amid uncertainty over the future of FEDs asset purchasing program. USD/CAD reached a session low at 1.0379 during the early phase of US trade, after which consolidation followed at 1.0388. […]
Read moreAugust 5, 2013 9:23 am
British pound soared to session highs against the US dollar on Monday, after the Chartered Institute of Purchasing and Supply (CIPS) said that activity in UK sector of services rose at the fastest pace since December 2006 in July. GBP/USD hit a session high at 1.5365 at 8:38 GMT, the highest point since July 29th, […]
Read moreAugust 5, 2013 8:54 am
The euro climbed against the US dollar on Monday, following the release of positive PMI in the services sector out of the first four-largest economies in the single currency zone. EUR/USD reached its highest point today at 1.3299 at 7:49 GMT, after which consolidation followed at 1.3288. Support for the pair was anticipated at July […]
Read moreAugust 5, 2013 7:58 am
US dollar marked its second daily drop against the Japanese currency on Monday, as weaker than projected US non-farm payrolls, reported on Friday, continued to weigh on the greenback, dimming expectations that the Federal Reserve Bank will begin tapering its bond purchases soon. USD/JPY slid to its lowest point today at 98.27 at 7:23 GMT, […]
Read moreAugust 5, 2013 7:10 am
New Zealand dollar started the week with a decline to almost one-month lows against its US peer, as China banned the import of milk powder from New Zealands Fonterra Cooperative Group Ltd. NZD/USD recorded a session low at 0.7734 at 2:20 GMT, after which consolidation followed at 0.7790. Support was expected in the range 0.7710-0.7725, […]
Read moreAugust 5, 2013 6:40 am
The Aussie fell to almost three-year lows against the US dollar on Monday, following the release of a downbeat retail sales report from Australia. AUD/USD slid to its lowest point during todays trade at 0.8847 at 1:30 GMT, after which consolidation followed at 0.8890. Support for the pair was expected at August 31st 2010 low, […]
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