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AUD/USD advanced to two-week highs on upbeat Australian GDP

September 4, 2013 7:56 am
Australian dollar climbed to the highest in two weeks against its US peer on Wednesday, following a report to show that Australian Gross Domestic Product exceeded expectations during the second quarter of the year, despite that expectations of a possible scale back of Federal Reserves stimulus program still underpinned demand for the greenback. AUD/USD rose […] Read more

EUR/USD traded close to six-week lows

September 4, 2013 6:51 am
The euro traded in proximity to six-week lows against the US dollar on Wednesday, amid signs that US economic recovery was gaining traction, adding to the view of a possible scale back to the Federal Reserve Bank stimulus program this month. EUR/USD slid to a session low at 1.3159 at 6:10 GMT, after which consolidation […] Read more

USD/CAD off session lows after strong US ISM manufacturing data

September 3, 2013 2:50 pm
US dollar distanced from the lowest point, recorded today against its Canadian peer, following the release of upbeat ISM manufacturing report out of the United States. USD/CAD slid to a session low at 1.0507 at 13:22 GMT, the pairs lowest point since August 30th, after which consolidation followed at 1.0529, down by 0.21% for the […] Read more

USD/CHF hit one-month highs

September 3, 2013 12:32 pm
US dollar climbed to the highest level in one month against the Swiss franc on Tuesday, as expectations grew that the Federal Reserve Bank may scale back its asset purchases this month, giving support to the greenback. USD/CHF hit a session high at 0.9374 at 7:34 GMT, also the pairs highest point since August 15th, […] Read more

Strong UK construction PMI sent GBP/USD on one-week highs

September 3, 2013 9:28 am
The sterling climbed to its highest point in a week against the US dollar on Tuesday, after a report showed that activity in UK construction sector rose to a six-year high in August. GBP/USD soared to a session high at 1.5601 at 8:30 GMT, also the pairs highest point since August 26th, after which consolidation […] Read more

NZD/USD with gains on improved global recovery outlook

September 3, 2013 8:54 am
New Zealand dollar showed a certain advance against its US peer on Tuesday, following the release of upbeat economic reports out of the Euro zone and China on Monday, which boosted outlook over global recovery. NZD/USD rose to its highest point on Tuesday at 0.7839 during the early phase of Asian trade, after which the […] Read more

USD/JPY on one-month highs

September 3, 2013 8:23 am
Expanding US dollar climbed to the highest point in a month against the Japanese yen, as signs of economic improvement worldwide dampened demand for safe haven assets. USD/JPY reached a session high at 99.69 at 7:30 GMT, the pairs highest since August 2nd, after which consolidation followed at 99.52, up by 0.20% on a daily […] Read more

EUR/USD on five-week lows

September 3, 2013 7:43 am
The euro slid to the lowest point in five weeks against the US dollar on Tuesday, despite the positive Euro zone PMI data, as market sentiment received a boost after the upbeat Chinese manufacturing data, which suggested a positive view over global economic recovery and a boost for the greenback. EUR/USD fell to a session […] Read more

AUD/USD gained positions on Australian data, RBA rate decision

September 3, 2013 6:51 am
Australian dollar advanced against its US counterpart on Tuesday, following the decision by the Reserve Bank of Australia (RBA) to leave the benchmark interest rate without change at the current record low level. AUD/USD reached a session high at 0.9047 at 5:13 GMT, after which consolidation followed at 0.9039, gaining 0.67% for the day. Support […] Read more

EUR/USD slipped lower despite positive Euro zone data

September 2, 2013 2:48 pm
The euro slipped to lower levels against the US dollar on Monday in thin trade, despite the released upbeat manufacturing sector data out of the Euro zone, while focus was being set on the upcoming ECB meeting on policy, scheduled on Thursday. EUR/USD fell to a session low at 1.3191 at 0:40 GMT. At 14:05 […] Read more