May 30, 2013 9:09 am
During Thursday trade session British pound recorded upward movement versus US dollar, as an effect of greenbacks continuing weakness versus Japanese yen and other major peers. GBP/USD reached 1.5187 during early European session, currently highest and also highest since May 21st. Consolidation was observed at 1.5173-1.5177. Support was to be received at current lowest value, […]
Read moreMay 30, 2013 8:01 am
US dollar continued its fall versus Japanese yen on Thursday, as dropping Nikkei 225 by 5.2% during Asian trade, made investors reconsider their positions and look for safe haven in Japanese currency. USD/JPY pair fell to 100.45 during the later hours of Asian session, lowest value since May 9th, after which consolidation followed at 100.60-100.65. […]
Read moreMay 30, 2013 7:28 am
On Thursday Australian dollar pushed higher against its US counterpart on the release of optimistic Buildings Approvals data from Australia. US dollar was still weak versus most major currencies. AUD/USD reached 0.9699 during late Asian trade, highest for current session, after which consolidation followed at 0.9673-0.9677. Support was expected at todays session low, 0.9582, while resistance […]
Read moreMay 30, 2013 7:09 am
On Thursday trade the euro remained higher versus US dollar, as the greenback still experienced weakness against it major peers, which was the the case from yesterday also, when Japanese yen expanded its positions and put pressure on US dollar. Asian trade showed EUR/USD hit 1.2986, highest value since May 24th, after which the cross […]
Read moreMay 29, 2013 1:51 pm
On Wednesday US dollar showed retreat against its major peers, while British pound recorded a session high against the greenback. GBP/USD hit 1.5130 during late European session, after which consolidated at 1.5110-1.5115. Support was expected at current session low, 1.5007, while resistance was to be met at May 27th high, 1.5155. One major reason for […]
Read moreMay 29, 2013 1:18 pm
The euro extended its positions against US dollar during Wednesday trade session, as dollar registered losses against the yen, which caused impact on greenbacks positions against other major currencies. During the later hours of European session EUR/USD reached 1.2977, highest value for current trade, after which consolidation followed at levels 1.2950-1.2955. Support was meant to […]
Read moreMay 29, 2013 12:36 pm
The Confederation of British Industry (CBI) reported that British Retail Sales declined during May to a lowest level for the past year. Consumer budgets remained under pressure due to rising prices and slowed down income rising rate. Retail sellers projected smaller investments. According to official data The Confederation of British Industry (CBI) Distributive Trades indicator decreased […]
Read moreMay 29, 2013 9:48 am
On Wednesday US dollar remained mostly weak against the Japanese yen, which caused impact on greenbacks positions versus the other major currencies. USD/JPY fell down to 101.52 during European trade session. Yens strength came after its yesterdays retreat by almost 1.4%, because Japanese stocks registered a decline through the course of a volatile trade. The […]
Read moreMay 29, 2013 8:56 am
On Wednesday EUR/USD hit highest value for the session after economic data from Germany, regarding Unemployment Change. The pair reached 1.2892 during European session, highest for the moment, after which consolidation followed at lower levels around 1.2885. The pair was to receive support at todays session low, 1.2837, while resistance was to occur at 1.2948, Tuesday […]
Read moreMay 29, 2013 8:17 am
Australian dollar registered a sharp drop against its US counterpart to 1.5 year low on Wednesday after the release of economic data from Australia. AUD/USD reached 0.9527 during Asian session, lowest since October 5th 2011, after which consolidation followed at 0.9556. Support was meant to be received at October 5th 2011 low, 0.9488, while resistance […]
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