October 7, 2013 9:08 am
US dollar was losing ground against the Japanese yen on Monday, after US Treasury Secretary Jacob Lew renewed his call for an increase in the nations debt limit in order to avert a default, which bolstered demand for safe haven assets, such as the yen. USD/JPY fell to a session low at 96.87 at 7:26 […]
Read moreOctober 7, 2013 8:28 am
Australian dollar edged lower against the greenback on Monday, as the budget deadlock in the United States pressured demand for high-yielding currencies, such as the Aussie. AUD/USD fell to a session low at 0.9391 at 7:05 GMT, after which consolidation followed at 0.9395, losing 0.42% for the day. Support was likely to be received at […]
Read moreOctober 7, 2013 7:25 am
The euro was edging higher against the US dollar on Monday, as the partial government shutdown in the United States entered its second week and this put pressure on the greenback. EUR/USD reached a session high at 1.3575 at 6:03 GMT, after which consolidation followed at 1.3571, gaining 0.13% for the day. Support was likely […]
Read moreOctober 7, 2013 6:47 am
New Zealand dollar lost ground against its US counterpart on Monday, as market players were abandoning higher-yielding assets, such as the kiwi dollar, amid the ongoing US partial government shutdown. NZD/USD fell to a session low at 0.8282 at 4:01 GMT, after which consolidation followed at 0.8302, losing 0.29% for the day. Support was likely […]
Read moreOctober 4, 2013 3:17 pm
US dollar slid against its US counterpart on Friday, following a survey by the Richard Ivey School of Business and Purchasing Management Association showed that Canadian business activity improved in September. USD/CAD fell to a session low at 1.0298 at 14:40 GMT, after which consolidation followed at 1.0304, still down 0.28% for the day. Support […]
Read moreOctober 4, 2013 11:39 am
British pound was trading lower against the US dollar on Friday, after reaching a nine-month high earlier in the week, as speculation appeared that economic recovery in the United Kingdom was not sufficiently strong in order to ensure an early raise in the benchmark interest rate. GBP/USD fell to a session low at 1.6043 at […]
Read moreOctober 4, 2013 9:04 am
Australian dollar traded on higher levels against its US counterpart on Friday, as expectations that the Reserve Bank of Australia (RBA) will consider a reduction in interest rates this year have diminished. AUD/USD reached a session high at 0.9446 at 6:13 GMT, after which consolidation followed at 0.9438, still gaining 0.46% on a daily basis. […]
Read moreOctober 4, 2013 8:10 am
The euro was slightly changed against the US dollar on Friday, trading in proximity to eight-month highs, as the political deadlock in the United States continued to cause pressure on the greenback. EUR/USD touched a session high at 1.3630 at 6:38 GMT, after which consolidation followed at 1.3620, ticking up a mere 0.01% for the […]
Read moreOctober 4, 2013 7:16 am
US dollar traded slightly lower against the Japanese yen on Friday, following the decision by Bank of Japan (BoJ) to leave its benchmark interest rate unchanged at its monthly meeting. USD/JPY slid to a session low at 96.98 at 6:00 GMT, after which consolidation followed at 97.03, losing 0.26% for the day. Support was likely […]
Read moreOctober 3, 2013 2:52 pm
The euro advanced to a new eight-month high against the US dollar on trading Thursday, as the report on activity in the US non-manufacturing sector introduced disappointment. EUR/USD climbed to a new session high at 1.3626 at 14:04 GMT, the pairs highest point since February 4th, after which consolidation followed at 1.3613, gaining 0.25% for […]
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