November 28, 2013 1:27 pm
The sterling advanced for a third consecutive day versus the US dollar, touching the highest 10-month level on Mark Carneys testimony. GBP/USD reached a session high at 1.6353 at 11:20 GMT, which is the highest level since January 2nd. Support was likely to be encountered at November 27th low, 1.6198, while resistance was to be […]
Read moreNovember 28, 2013 10:26 am
The Aussie advanced against its US counterpart on Thursday, after an increase in the Australian private sectors expenditures. AUD/USD hit a session high at 0.9150 at 10:15 GMT, gaining 0.75% on a daily basis. Support for the pair was likely to be met at November 27th low, 0.9066, while resistance was to be encountered at […]
Read moreNovember 28, 2013 8:56 am
Natural gas hit the highest level since June as the Energy Information Administration reported that U.S. gas inventories fell in line with expectations last week, indicating robust demand during the winter heating season. Forecasts for below-normal-temperatures further supported the market. On the New York Mercantile Exchange, natural gas futures for settlement in January traded at […]
Read moreNovember 27, 2013 3:19 pm
Euro rose to highs unseen in 4 years against the Japanese yen, on German coalition deal and improved consumer confidence in Germany, according to a survey by Gfk Consumer research group. EUR/USD reached a session high at 138.65 at 14:40 GMT, gaining 0.86% on a daily basis. This is the highest level since August 2009. […]
Read moreNovember 27, 2013 1:39 pm
US natural gas swung between gains and losses on Wednesday ahead of EIAs weekly US storage report as weather forecasts pointed to freezing cold temperatures, well below average. On the New York Mercantile Exchange, natural gas for delivery in January plunged to $3.844 per million British thermal units by 13:30 GMT, down 0.53% on a […]
Read moreNovember 27, 2013 10:54 am
British pound rose to highs unseen in ten months against the US dollar, after the Office for National Statistics (ONS) reported that the GDP in the United Kingdom has been driven mostly by consumer spending in the third quarter of the year. GBP/USD reached a session high at 1.6295 at 10:15 GMT, which is the […]
Read moreNovember 27, 2013 9:49 am
Gold futures surged for a second day as investors weighed increased demand from China against expectations for an earlier-than-expected deceleration of Feds quantitative easing program following Tuesdays upbeat housing data. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in February rose to $1 247.00 per troy ounce by 9:41 […]
Read moreNovember 27, 2013 9:05 am
The US dollar preserved gains against the Japanese yen, on Wednesday, trading in proximity to highs unseen in six months. The minutes of Bank of Japan’s (BoJ) most recent policy meeting revealed, that some policymakers saw greater downside risks to nation’s economy, while the majority saw a balanced risk. USD/JPY reached a session high at […]
Read moreNovember 26, 2013 3:30 pm
Thailands baht depreciated the most since September 11-th against the US dollar, before the no-confidence debate in parliament today against Prime Minister Yingluck Shinawatra and amid continuing anti-government protests. USD/THB reached a session high at 32.121 at 14:50 GMT, gaining 0.26% for the day. Support was to be found at September 11-th high, 32.170, while […]
Read moreNovember 26, 2013 1:42 pm
US natural gas advanced for a fifth consecutive day after rising on Monday to the highest since June amid weather forecasts pointing to below-average temperatures across most of the US. On the New York Mercantile Exchange, natural gas for delivery in January traded at $3.868 per million British thermal units at 13:31 GMT, up 0.64% […]
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