July 2, 2013 8:30 am
New Zealand dollar lost ground against its US counterpart on Tuesday, due to ongoing support of greenbacks demand. NZD/USD cross tumbled to a session low at 0.7762 at 4:57 GMT, after which consolidation followed at 0.7810. Support was expected at July 1st low, 0.7703, while resistance was to be met at June 27th high, 0.7853. […]
Read moreJuly 2, 2013 7:51 am
US dollar advanced to one-month high against the Japanese yen on positive manufacturing results in the United States, Japan and Euro zone, as this data chilled concerns over a global growth slow down. USD/JPY pair reached a session high at 99.91 at 6:55 GMT, the highest point since June 5th, after which consolidation followed at […]
Read moreJuly 2, 2013 7:24 am
The euro recorded a slight change against the US dollar on Tuesday after stronger than expected ISM manufacturing data was released on Monday from the United States, adding to expectations that the Federal Reserve Bank will begin to taper its Quantitative Easing by this years end. EUR/USD increased to a session high at 1.3078 at […]
Read moreJuly 2, 2013 6:51 am
On Tuesday Australian dollar came off session highs against its US counterpart to sink lower, following the Reserve Bank of Australia interest rate decision. AUD/USD reached a session high at 0.9251 at 0:30 GMT and took a gradual drop to 0.9164 at 6:27 GMT. Support was expected at June 28th low, 0.9101, while resistance was […]
Read moreJuly 1, 2013 2:53 pm
The euro trimmed its earlier gains against the US dollar, after US ISM indicator showed increased activity in the sector of manufacturing in June. EUR/USD slid from a session high at 1.3060 to reach 1.3021 at 14:08 GMT. Currently it was trading at 1.3031, or gaining 0.11% for the day. The Institute for Supply Management […]
Read moreJuly 1, 2013 12:32 pm
US dollar lowered in value against the common currency on Monday, despite the support it was receiving amid FED speculation. EUR/USD rose to a session high at 1.3060 at 9:55 GMT, after which consolidation followed at 1.3050. Earlier on Monday a report showed that Flash Harmonized Index of Consumer Prices (HICP) in the Euro zone […]
Read moreJuly 1, 2013 11:43 am
The franc was almost without change versus the US dollar on Monday, following the release of optimistic Swiss PMI data and amid uncertainty about the future moves by the Federal Reserve Bank. USD/CHF hit a session high at 0.9460 at 7:08 GMT, after which consolidation followed at 0.9450. Support was expected at June 28th low, […]
Read moreJuly 1, 2013 8:59 am
Sterling jumped to session highs against the US dollar on Monday, following the positive set of economic data, which came out minutes ago from the United Kingdom. GBP/USD hit 1.5245 at 8:45 GMT, currently the session high, after which consolidation followed at 1.5238. The cross gained 0.17% for the day. Support was expected at current […]
Read moreJuly 1, 2013 8:37 am
US dollar climbed to 3.5-week highs against the Japanese yen on Monday, supported by expectations that FED will take action, regarding its Quantitative Easing. USD/JPY hit a session high at 99.72 at 7:32 GMT, pairs highest point since June 5th, after which consolidation followed at 99.58. The cross added 0.37% for the day. Support was […]
Read moreJuly 1, 2013 7:23 am
New Zealand dollar traded higher against its US counterpart on Monday, but it was put under pressure following the release of mixed Chinese PMI data and the ongoing expectation, that the Federal Reserve will start to unwind its monthly bond purchases by the end of this year. NZD/USD pair reached a session high at 0.7785 […]
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