June 13, 2013 6:23 am
New Zealand dollar continued its slide against its US counterpart on Thursday after Reserve Bank of New Zealand introduced no change in the base interest rate. NZD/USD pair slid to a session low at 0.7894 during Asian trade, after which consolidation followed at 0.7910. Support was expected at June 10th low, 0.7836, while resistance was […]
Read moreJune 12, 2013 2:30 pm
US dollar tumbled to one-month low against its Canadian counterpart on Wednesday, as market sentiment recovered. Today was the fifth day in a row of gains for the Canadian currency, the longest streak since April. On Tuesday USD/CAD pair was largely sold off after concerns about central banks plans for easing policy. USD/CAD fell to […]
Read moreJune 12, 2013 12:53 pm
US dollar advanced gradually against the Swiss franc on Wednesday, as speculation whether the Federal Reserve Bank will begin to taper asset purchases later this year continued being in markets focus. USD/CHF reached 0.9289 during the later hours of European trade, currently the session high, after which consolidation followed at 0.9278. The cross was up […]
Read moreJune 12, 2013 11:34 am
On Wednesday euro climbed to 3.5-month high against the US dollar at 1.3335, followed by a slip to 1.3285 during European afternoon trade. The pair was 0.21% down for the day. Euro came under pressure as peripheral euro zone bond yields kept their upward movement. Italys borrowing costs rose to the highest level since March […]
Read moreJune 12, 2013 8:50 am
On Wednesday British pound remained mainly higher against the US dollar, while additional support was received by upbeat labour market data from the United Kingdom. GBP/USD hit 1.5682 during European morning trade, currently the session high and highest since February 13th, after which consolidation followed at 1.5670. Support was expected in the 1.5600-1.5635 range, while […]
Read moreJune 12, 2013 7:47 am
New Zealand dollar was higher versus its US counterpart on Wednesday ahead of Reserve Bank of New Zealands statement on monetary policy. NZD/USD pair hit 0.7940 during early European trade, highest since June 7th, after which consolidation followed at 0.7929. Support was expected at June 10th low, 0.7836, while resistance was to be encountered at […]
Read moreJune 12, 2013 7:11 am
Euro traded steadily at near three-and-a-half month high versus the US dollar on Wednesday. EUR/USD pair reached 1.3292 during later Asian trade, after which consolidation followed at 1.3305. Support was expected at Tuesdays low, 1.3231, while resistance was to be met at February 19th high, 1.3395. The euro received support after Germanys Finance Minister Wolfgang […]
Read moreJune 12, 2013 6:46 am
US dollar was higher against the Japanese yen during Wednesday Asian trade despite the mixed economic data, released from Japan. USD/JPY advanced to 96.43, adding 0.41% on Wednesday. Yesterday US session showed that the pair lost almost 2.1%. Support was expected at Fridays low, 95.00, while resistance was to be met at 99.29, Mondays high. […]
Read moreJune 11, 2013 2:31 pm
Canadian dollar dropped against its US counterpart for the first time in four days, as crude oil prices, Canadas largest export, registered the biggest slide in a week. “The Canadian dollar remains a high-beta currency, and fluctuations in the oil price will always affect it more,” said Eimear Daly, a currency market analyst at Monex […]
Read moreJune 11, 2013 12:51 pm
Euro was higher versus the US dollar on Tuesday, mostly boosted by speculations whether US Central Bank will embark on a reduction of scale of easing later this year. EUR/USD pair reached 1.3299 during the afternoon phase of European trade, currently the session high, after which consolidation followed at 1.3272. The cross was still up […]
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