Currency News

EUR/USD slightly lower in calm trade

The euro slipped to lower levels against the US dollar on Monday, following the data from last week and amid the persistent speculation over the timing of Feds Quantitative Easing pare back. EUR/USD reached its highest point at 1.3342 during the early phase of Asian trade, after which fell to a session low at 1.3314 […] Read more

NZD/USD on session highs

New Zealand dollar continued its movement upwards against the greenback, reaching session highs during Monday trade, as the earlier released Input Producer Price Index out of New Zealand was still supporting the kiwi. NZD/USD hit its highest point on Monday at 0.8140 at 6:11 GMT, after the pair advanced 0.82% last week. Support was likely […] Read more

EUR/USD with little reaction to less optimistic US data

The euro showed little reaction against the US dollar, following the recent series of economic reports, released from the United States, as data implied that US recovery was probably not strong enough in order the Federal Reserve Bank to begin scaling back its asset purchases. EUR/USD hit a session high at 1.3379 at 13:26 GMT, […] Read more

USD/CAD advanced on Canadian and US data

During Friday trade the greenback gained ground against the Canadian dollar, following the release of weak Canadian economic indicators, which triggered selling pressure on the loonie, while at the same time US dollars gains seemed limited due to mixed US data. USD/CAD reached its highest point today at 1.0342 at 13:09 GMT, after which consolidation […] Read more

EUR/USD remained steady after Euro region’s current account and consumer inflation data

The euro was holding positions against the US dollar on Friday, following weaker than projected current account data out of the Euro zone, as market players were focusing on the US reports, scheduled later in the day. EUR/USD recovered from a session low at 1.3324, recorded at 6:59 GMT, after which consolidation followed at 1.3338, […] Read more

NZD/USD regained ground

New Zealand returned to positive territory against the greenback on Friday, after tumbling to session lows following an earthquake striking New Zealands capital city, while investors awaited the last set of crucial economic reports for this week out of the United States. NZD/USD fell from two-month highs to reach a session low at 0.8059 at […] Read more

EUR/USD erased gains in calm trade

The euro was sliding against the US dollar on Friday before the release of reports to show the final value of Euro zones harmonized index of consumer prices and current account, as market players remained wary due to continuing lack of clarity over the future of Federal Reserves easing program. EUR/USD reached its lowest point […] Read more

AUD/USD with slight gains, mixed US data still weighs

Australian dollar was trading slightly higher against its US counterpart on Friday, after markets reflected the series of mixed data, that came out of the United States on Thursday. AUD/USD reached its highest point on trading Friday at 0.9176 at 3:42 GMT, after which consolidation followed at 0.9151. Support was likely to be received at […] Read more

USD/CAD on session lows as US PPI disappoints

US dollar fell to its lowest point against its Canadian peer on trading Wednesday, following the release of a report to show that US producer prices remained flat in July, which raised fears that economic recovery might be not strong enough. USD/CAD slid to a session low at 1.0323 at 13:12 GMT, after which consolidation […] Read more

USD/CHF on two-week highs ahead of US producer price data

On Wednesday the greenback climbed to its highest in two-weeks against the Swiss franc, as markets awaited the producer price report out of the United States amid renewed expectations that the Federal Reserve Bank will soon begin to taper its Quantitative Easing. USD/CHF reached its highest point today at 0.9376 at 9:45 GMT, also the […] Read more