May 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 […]
Read moreMay 29, 2013 7:54 am
On Wednesday the New Zealand dollar shortened positions against its US counterpart, as demand for the US dollar remained high after the promising data from United States yesterday. NZD/USD reached 0.8048 during Asian session, lowest for today, after which consolidation followed at 0.8065-0.8070. The pair was expected to be supported at May 22nd low, 0.8034, […]
Read moreMay 29, 2013 7:20 am
During trade session on Wednesday Japanese yen rose against the US dollar as a result of bond market volatility. USD/JPY pair shorted gains, lowering to 101.98 during Asian session, as it traded at 102.31 during late American session. US dollar stopped its expansion, which lasted three consecutive sessions. Government bonds yield rose by another 0.9%. […]
Read moreMay 28, 2013 2:05 pm
Official data showed that S&P/Case-Shiller Composite-20 Home Price Index in United States registered a rise by 10.87% during March 2013, compared to March 2012, as the indicator changed at the biggest rate since April 2006. The index, which gauges home price changes in 20 major cities throughout United States, recorded improved values in every single city. […]
Read moreMay 28, 2013 11:27 am
USD/CHF pair rose during trade session on Tuesday, with markets focused on the upcoming US data later in the day. The cross reached 0.9706 during European session, highest value since May 24th, after which consolidation followed at lower levels – 0.9654. USD/CHF was expected to receive support at Monday low, 0.9592, while resistance levels were […]
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