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British pound tumbled against US dollar, ignoring optimistic UK data

June 21, 2013 9:05 am
British pound slid against the US dollar on Friday, despite the positive signal, submitted from UK, as pressure by FED comments on stimulus remained strong. GBP/USD pair tumbled to a session low at 1.5472 at 7:28 GMT, after which consolidation followed at 1.5485. The cross was down by 0.17% for the day. Support was expected […] Read more

Euro on higher levels against the US dollar, gains capped

June 21, 2013 7:15 am
The euro edged to higher levels versus the US dollar on Friday, but still FEDs statement on Wednesday seemed to weigh on sentiment and supported the dollar. Additionally, this upward movement came ahead of Euro zones Current Account data, which registered a record surplus in March. EUR/USD pair reached a session high at 1.3255 during […] Read more

Aussie rebounded versus US dollar despite HSBC forecast

June 21, 2013 6:35 am
Australian dollar came off almost three-year lows against its US peer on Friday, as market players supported the Aussie. AUD/USD pair traded at 0.9245 at 6:18 GMT, up by 0.50% for the day. Support was expected at 0.9228, while resistance was to be encountered at June 20th high, 0.9363. Australian dollar achieved this result despite […] Read more

Existing Home Sales in the United States outperformed estimates in May

June 20, 2013 3:01 pm
US existing home sales rose by 4.2% during May, reaching annual number of 5.18 million and marking the highest value since November 2009. National Association of Realtors said that sales of existing homes jumped by 12.9% on annual basis in May, submitting a signal that recovery in the housing sector might continue. The average price […] Read more

US dollar trimmed gains versus peers after US jobless claims data

June 20, 2013 1:11 pm
US dollar pulled away from highs against its major peers on Thursday after the official weekly report stated the number of people, who filed for unemployment assistance, jumped to a three-week high during the past week. During European afternoon trade EUR/USD pair increased to 1.3216 at 13:03 GMT, off current session low at 1.3179. USD/JPY […] Read more

USD/CHF climbed higher after FED, SNB left interest rates intact

June 20, 2013 11:44 am
US dollar kept its higher levels against the Swiss franc on Thursday, as the Swiss National Bank left interest rates on hold. USD/CHF pair hit a session high at 0.9359 at 9:48 GMT, which was also the highest value since June 10th, after which consolidation followed at 0.9337. The cross was up by 0.60% for […] Read more

Euro crumbled to a session low versus the dollar on PMI reports and FED statement

June 20, 2013 8:51 am
On Thursday the euro collapsed to a trade days low against the advancing US dollar after the release of the series of PMI indicators from Euro zone countries. EUR/USD pair slid to 1.3208 during European morning trade, currently the session low and lowest value since June 10th, after which consolidation followed at 1.3220. The cross […] Read more

USD/JPY gained over 1% after FED statement and Chinese PMI data

June 20, 2013 7:44 am
On Thursday US dollar extended gains versus the Japanese yen from yesterdays trade after FED Chairman Ben Bernanke statement on monetary policy. USD/JPY pair hit 97.97 during the early European trade, currently the session high and highest since June 11th, after which consolidation followed at 97.87. The cross was up by over 1% for the […] Read more