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US dollar off session lows against the yen on US ADP report

July 3, 2013 1:43 pm
US dollar jumped off session lows against the Japanese yen on Wednesday, following the release of optimistic employment data from the United States. USD/JPY cut losses, with the pair down to 99.69, as previously it traded close to session lows at 99.26. Payroll processor ADP reported earlier that US employment rose, as the private sector […] Read more

EUR/USD off session lows on retail sales data

July 3, 2013 9:49 am
The euro pulled back from session lows against the US dollar, following the release of Retail Sales report in the Euro zone. EUR/USD cross jumped off current session low at 1.2923 to reach 1.2964 at 9:05 GMT. Currently the pair was trading at 1.2952, down by 0.21% for the day. Earlier today it was reported, […] Read more

British pound jumped to session highs versus US dollar on upbeat Services CIPS

July 3, 2013 8:51 am
British pound registered a sharp advance against the US dollar on Wednesday, following the release of stronger than expected data, regarding activity in the UK sector of services in June. GBP/USD pair hit a session high at 1.5246 at 9:03 GMT. Consolidation followed at 1.5229. Support was expected at current session low, 1.5128, while resistance […] Read more

USD/JPY at five-week highs

July 3, 2013 8:02 am
US dollar reached five-week highs against the Japanese yen on Wednesday, supported by expectations, regarding FEDs easing policy future. USD/JPY cross hit a session high at 100.82 at 6:29 GMT and highest point since May 31st, after which consolidation followed at 100.75. Support was likely to be found at July 2nd low, 99.50, while resistance […] Read more

EUR/USD at one-month lows

July 3, 2013 7:32 am
Euro traded near one-month lows against the US dollar on Wednesday, as demand for the greenback was boosted by growing expectations that the Federal Reserve Bank will begin unwinding its Quantitative Easing in a foreseeable future. EUR/USD fell down to a session low at 1.2961 at 5:38 GMT, after which consolidation followed at 1.2975. Support […] Read more

NZD/USD close to session lows

July 3, 2013 6:48 am
New Zealand dollar traded at levels close to session lows against its US counterpart on Wednesday, as investors continued their support of the greenback in expectation of series of crucial economic data, scheduled for release later in the day. NZD/USD hit a session low at 0.7720 at 6:27 GMT. Currently the cross was trading at […] Read more

GBP/USD close to one-month lows

July 2, 2013 3:06 pm
British pound traded near one-month lows against the US dollar during early US Tuesday trade, despite optimistic UK construction data, ahead of meetings by the Bank of England and the European Central Bank later in the week. GBP/USD pair fell down to a session low at 1.5137 at 12:29 GMT, the lowest point since May […] Read more

US dollar advanced against its Canadian rival to 21-month highs

July 2, 2013 2:02 pm
The widely supported US dollar climbed to its highest point in 21 months against its Canadian counterpart on Tuesday, as market participants were focusing on the crucial non-farm payrolls report from the United States, scheduled for release this Friday. USD/CAD reached a session high at 1.0577 at 12:29 GMT, the highest value since October 2011, […] Read more

Euro close to session lows versus the US dollar

July 2, 2013 1:00 pm
The euro slid to session lows against the US dollar on Tuesday as wariness dominated investor decisions ahead of Thursdays meeting of the European Central Bank and the highly anticipated US non-farm payrolls report on Friday. EUR/USD fell to 1.3001 at 12:30 GMT, marking the session low for todays trade. Support was likely to be […] Read more