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USD/CAD slightly higher after mixed US data

September 13, 2013 2:48 pm
US dollar was slightly higher against its Canadian peer on Friday, following the release of a series of mixed economic data out of the United States. USD/CAD bounced off its lowest point today at 1.0325, recorded at 12:40 GMT, after which consolidation followed at 1.0336, gaining 0.11% on a daily basis. Support was likely to […] Read more

EUR/USD climbed to session highs after US retail sales, PPI

September 13, 2013 1:43 pm
The euro advanced to its highest level against the US dollar on trading Friday, following a report to show that US retail sales rose at a slower pace than projected in August, while investors were eyeing the Federal Reserves meeting on policy next week. EUR/USD touched a session high at 1.3320 at 12:40 GMT, after […] Read more

GBP/USD little changed, close to seven-month highs

September 13, 2013 8:50 am
The sterling traded steadily in proximity to its highest level in seven months against the US dollar on Friday, as UK construction data was in sight and it could add to expectations that Bank of England (BoE) may consider a raise in the benchmark rate sooner than anticipated. GBP/USD reached a session high at 1.5813 […] Read more

USD/JPY with daily gains before Fed meeting

September 13, 2013 8:08 am
US dollar remained higher against the Japanese yen on trading Friday, as markets awaited the series of US data later in the day and the two-day meeting on policy by the Federal Reserve Bank next week. USD/JPY reached a session high at 99.97 at 5:25 GMT, after which consolidation followed at 99.74, gaining 0.18% for […] Read more

EUR/USD retained losses before Fed policymakers meet

September 13, 2013 7:22 am
The euro was trading on lower levels against the US dollar on Friday, as market players remained wary ahead of the possible announcement of asset purchase tapering by the Federal Reserve Bank next week. EUR/USD slid to a session low at 1.3264 at 5:43 GMT, after which consolidation followed at 1.3280, falling 0.15% on a […] Read more

AUD/USD lower ahead of Federal Reserve meeting next week

September 13, 2013 6:46 am
Australian dollar was trading lower against its US counterpart on Friday, as market players eyed the announcement of asset purchase tapering by the Federal Reserve Bank next week. AUD/USD fell to a session low at 0.9222 at 5:43 GMT, after which consolidation followed at 0.9239, still losing 0.37% for the day. Support was likely to […] Read more

EUR/USD fell to session lows after US initial jobless claims

September 12, 2013 1:34 pm
The euro slid to its lowest point today against the US dollar, after a weekly report out of the United States showed that the number of initial jobless claims fell more than projected during last week, as this could add to the case that the Federal Reserve Bank may be closer to executing a reduction […] Read more

USD/JPY on negative territory

September 12, 2013 8:45 am
US dollar fell for the second day against the Japanese yen on Thursday, as Asian shares registered losses overnight, which supported demand for safe haven yen. USD/JPY slid to a session low at 99.18 at 6:12 GMT, the pairs lowest point since September 6th, after which consolidation followed at 99.61, erasing 0.30% for the current […] Read more

AUD/USD depreciated after Australian employment data

September 12, 2013 7:43 am
The Aussie lost positions against its US counterpart for the first time in one week on Thursday, falling from its highest point in two months, after a report showed that Australian unemployment rate rose to a four-year peak. AUD/USD slipped to a session low at 0.9233 at 6:59 GMT, after rising to its strongest point […] Read more