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AUD/USD extended gains from yesterday

September 10, 2013 7:03 am
Australian dollar continued to advance against its US peer on Tuesday after the Australian elections and another set of upbeat Chinese data. AUD/USD touched a session high at 0.9288 at 5:31 GMT, the pairs highest point since July. Support was likely to be found at September 4th low, 0.9038, while resistance was to be met […] Read more

USD/CAD bounced from session lows

September 9, 2013 2:29 pm
US dollar distanced from its lowest point on Monday against the Canadian currency, while earlier the loonie advanced on upbeat Canadian building permits data. USD/CAD fell to a session low at 1.0362 at 12:32 GMT, the pairs lowest point since August 20th, after which consolidation followed at 1.0376, still losing 0.34% for the day. Support […] Read more

USD/CHF slightly lower after slowing down Swiss retail sales

September 9, 2013 11:42 am
US dollar was trading on negative territory against the Swiss franc on Monday, following a report to show Swiss retail sales sharply slowed down in July, while the greenbacks demand was still pressured by the disappointing US non-farm payrolls data, that came out last Friday. USD/CHF slipped to a session low at 0.9364 at 9:40 […] Read more

NZD/USD on positive territory

September 9, 2013 9:28 am
New Zealand dollar traded higher against its US counterpart on Monday, as the greenback was pressured after the downbeat US non-farm payrolls data, published on Friday. NZD/USD climbed to its highest point today at 0.8014 at 8:48 GMT, after which consolidation followed at 0.8008, gaining 0.04% for the day. Support was likely to be found […] Read more

EUR/USD almost unchanged

September 9, 2013 8:50 am
The euro was little changed against the US dollar on Monday, after a report showed on Friday that US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program pare back by the Federal Reserve Bank in September to re-appear. EUR/USD touched a session high at 1.3188 […] Read more

AUD/USD retained gains after Australian election and loans data

September 9, 2013 8:09 am
The Aussie traded higher against the US dollar on Monday after the nations elections and increased number of home loans in August. AUD/USD reached a session high at 0.9209 during the early Asian trade, after which consolidation followed at 0.9199, gaining 0.09% on a daily basis. Support was expected at September 6th low, 0.9115, while […] Read more

USD/JPY advanced after Japanese GDP and Olympics winning bid

September 9, 2013 6:55 am
US dollar gained ground against the Japanese yen on Monday, following the upbeat GDP report out of Japan, while Tokyo’s winning bid to host the Olympics in 2020 bolstered optimism in Japanese Prime Minister Shinzo Abe’s fiscal and monetary measures. USD/JPY climbed to a session high at 100.09 during the early phase of Asian trade, […] Read more

USD/CAD plunged on US, Canadian employment reports

September 6, 2013 2:30 pm
US dollar lost sharply positions against its Canadian counterpart on Friday, after a report showed US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program scale back by the Federal Reserve Bank in September to re-appear. USD/CAD lost more than 1% during todays trade, falling to […] Read more

USD/CAD steady after US data string

September 5, 2013 2:36 pm
US dollar traded steadily against its Canadian counterpart, after losing certain ground earlier on Thursday, following the release of positively-toned reports on initial jobless claims, employment change and activity in the sector of services out of the United States. USD/CAD distanced from its lowest point today at 1.0474, recorded at 12:21 GMT, to trade at […] Read more