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NZD/USD advanced to three-week highs after Bernanke’s statement

July 11, 2013 8:41 am
New Zealand dollar pushed higher against its US counterpart on Thursday, following the comments made by FED Chairman Ben Bernanke, which sank the greenback. NZD/USD hit a session high at 0.7966 at 5:00 GMT, the highest point since June 19th, after which consolidation followed at 0.7930. At 8:22 GMT the pair was trading at 0.7907, […] Read more

AUD/USD received support after Australian employment data and Bernanke’s statement

July 11, 2013 8:11 am
Australian dollar advanced further against its US peer on Thursday, following the release of positive data, regarding Australian employment, while at the same time the greenback plunged widely after comments made by FED Chairman Ben Bernanke yesterday. AUD/USD reached a session high at 0.9304 at 5:00 GMT, the highest point since June 27th, after which […] Read more

Euro pulled back from session highs against the US dollar

July 11, 2013 7:33 am
On Thursday the euro trimmed gains against the US dollar, achieved yesterday after FED Chairman Ben Bernankes statement, pulling back from three-week highs. EUR/USD hit a session high at 1.3206 at 22:50 GMT on Wednesday, the highest point since June 21st, after which slid to 1.3078 at 6:51 GMT, still up by 0.78%. Support was […] Read more

Canadian dollar rose for a third day against US peer ahead of FED minutes

July 10, 2013 2:28 pm
Canadian dollar edged higher against its US counterpart on Wednesday, as market players awaited the release of FED minutes and the following statement by Chairman Ben Bernanke later in the trading day. USD/CAD fell to a session low at 1.0494 at 11:14 GMT, the lowest point since July 4th, after which consolidation followed at 1.0520. […] Read more

US dollar lower versus the Swiss franc in expectation of FED minutes

July 10, 2013 11:56 am
The US dollar traded lower against the Swiss franc on Wednesday, as market participants awaited the release of FED minutes, scheduled later in the day. USD/CHF fell to a session low at 0.9674 at 8:13 GMT, after which consolidation followed at 0.9695, down by 0.35% for the day. Support was likely to be received at […] Read more

AUD/USD higher, but gains seemed capped

July 10, 2013 10:14 am
Australian dollar advanced against its US counterpart on Wednesday, but upward movement seemed limited after the disappointing Chinese trade balance report. AUD/USD reached a session high at 0.9233 at 8:13 GMT, the highest point since July 2nd, after which consolidation followed at 0.9198, still up by 0.23% for the day. Support was expected at July […] Read more

British pound recovered from three-year lows against the US dollar

July 10, 2013 9:27 am
British pound regained positions against the US dollar on Wednesday, as speculation appeared that GBP/USD cross sell-off during the last few days was excessive, while markets awaited the minutes of the Federal Reserve Banks meeting on policy in June, scheduled for release later today. GBP/USD reached a session high at 1.4924 at 8:14 GMT, after […] Read more

Japanese yen advanced against US dollar on Chinese trade balance data

July 10, 2013 8:32 am
Japanese yen climbed to three-day highs against the US dollar on Wednesday, following the disappointing trade balance report from China, which boosted safe haven demand for the Japanese currency. USD/JPY fell down to a session low at 100.05 at 8:07 GMT, the lowest point since July 5th. Support was expected at July 5th low, 99.88, […] Read more

NZD/USD off session lows

July 10, 2013 7:58 am
New Zealand dollar managed to distance from session lows against its US peer during Wednesdays early trade, following the release of disappointing data, regarding trade balance in China, while market players began focusing on the FED minutes, expected later in the day. NZD/USD pair registered a session low at 0.7823 at 2:40 GMT, after which […] Read more

EUR/USD close to three-month lows

July 10, 2013 7:22 am
After falling to three-month lows against the US dollar on July 9th, on July 10th the euro pulled back from those levels, but was still put under pressure, following the statement of a senior ECB official on Tuesday, regarding the banks monetary policy. EUR/USD slid to a session low at 1.2769 at 2:00 GMT, after […] Read more