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Yen lower against US dollar, despite positive Japanese data

July 5, 2013 7:33 am
Japanese yen traded on lower levels against US dollar on Friday, ignoring positive Leading and Coincident index data, as sentiment was dominated by expectations of the vital US employment report. USD/JPY reached a session high and highest point since July 3rd at 100.39 at 6:07 GMT, after which consolidation followed at 100.28. Support was expected […] Read more

Euro close to five-week lows against US dollar ahead of US non-farm payrolls report

July 5, 2013 7:00 am
The euro traded lower against the US dollar on Friday, closing the distance to five-week lows, registered already during Thursdays trade, as market players awaited the crucial unemployment rate and non-farm payrolls data from the United States. EUR/USD slid to a session low at 1.2888 at 5:40 GMT, after which consolidation followed at 1.2896, still […] Read more

Euro crumbled to five-week lows against the US dollar on Draghi comments

July 4, 2013 1:57 pm
Euro took a sharp fall against the US dollar to five-week lows, as the regular press conference of the European Central Bank began and after President Mario Draghi stressed that monetary policy will remain loose as long as needed. EUR/USD pair hit a new session low at 1.2884 at 13:00 GMT, after which consolidation followed […] Read more

GBP/USD sank following BoE statement

July 4, 2013 11:56 am
British pound fell to five-week lows against the US dollar on Thursday after Bank of England introduced no changes in monetary policy but struck a dovish tone in its statement, concerning interest rates. GBP/USD plunged to a new session low and lowest point since May 29th at 1.5075 at 11:16 GMT, after which consolidation followed […] Read more

USD/CHF up in expectation of central banks decision

July 4, 2013 9:56 am
US dollar traded higher against the Swiss franc on Thursday, as demand for the greenback was supported in expectation of a short-term exit to FEDs Quantitative Easing. USD/CHF cross hit a session high at 0.9499 at 7:41 GMT, after which consolidation followed at 0.9481. Support was expected to be found at June 28th low, 0.9412, […] Read more

Pound lower against the US dollar ahead of BoE decision on monetary policy

July 4, 2013 8:58 am
British pound traded at lower levels against the US dollar on Thursday ahead of statements by the Bank of England and the European Central Bank, regarding the course of their monetary policies. GBP/USD hit a session low at 1.5236 at 7:01 GMT, after which consolidation followed at 1.5250. Support for the pair was expected at […] Read more

New Zealand dollar in stable trade against US peer

July 4, 2013 8:18 am
New Zealand dollar traded steadily against its US counterpart on Thursday through the course of a light-volume trade, as main influence was caused by expectations for the Federal Reserve Bank to take action and scale back its Quantitative Easing soon. NZD/USD pair reached a session high at 0.7806 at 3:05 GMT, highest point since July […] Read more

Aussie climbed against US dollar despite disappointing building approvals data

July 4, 2013 7:56 am
Australian dollar traded at lower levels against the US peer on Thursday, following the release of weaker than expected data from Australia, regarding building approvals. AUD/USD pair reached a session high at 0.9133 in the later phase of Asian trade, after which consolidation followed at 0.9111. Support was expected at July 3rd low and almost […] Read more

Euro lower against the US dollar ahead of ECB decision

July 4, 2013 7:07 am
The euro traded lower against the US dollar on Thursday in expectation of European Central Banks monthly meeting later today and as a result of political crisis in Portugal, which was still causing influence on the pair. EUR/USD slid to a session low at 1.2987 at 4:15 GMT, after which consolidation followed at 1.2994. Support […] Read more

USD/CAD pair on session highs after US and Canadian data

July 3, 2013 2:34 pm
US dollar advanced to session highs against its Canadian counterpart on Wednesday after strong US employment data and trade balance results from the United States and Canada. USD/CAD cross reached a session high at 1.0567 at 13:23 GMT, after which consolidation followed at 1.0555. The pair was up by 0.11% for the day. Support was […] Read more