Currency News

AUD/USD slightly lower after Australian Business Confidence

Australian dollar was trading with a slight retreat against its US peer on Tuesday, following the release of weak business confidence data out of Australia and in expectation of the crucial retail sales report from the United States. AUD/USD fell to its lowest point on Tuesday at 0.9099 at 0:40 GMT, after which the pair […] Read more

EUR/USD little changed

The euro was trading with insignificant change against the US dollar on Tuesday, while the greenback remained supported on optimism about the series of data, scheduled for release later this week out of the United States. EUR/USD slid from its highest point today at 1.3315, recorded at 6:26 GMT, to trade at 1.3293 at 7:18 […] Read more

USD/JPY remained higher after Japanese Machine Orders

US dollar managed to climb and preserve gains against the Japanese yen on trading Tuesday, following the release of a report on Japanese machine orders earlier today. USD/JPY reached its highest point during the day at 97.55 at 5:22 GMT, after which consolidation followed at 97.40. Support for the pair was expected at June 19th […] Read more

EUR/USD close to session lows, GBP/USD maintained losses also

The euro extended losses against the US dollar, trading in proximity to its lowest point during Monday trade, as the greenback received support on optimism about the series of data, scheduled for release later this week out of the United States. EUR/USD slid to a session low at 1.3278 at 12:21 GMT, the lowest point […] Read more

USD/CAD advanced, US data in focus

US dollar gained ground against its Canadian counterpart on Monday, as market players expected a positive series of economic indicators out of the United States during the current week would prompt Fed to embark on a pare back of its stimulus. USD/CAD reached its highest point today at 1.0314 at 12:13 GMT, after which the […] Read more

USD/CHF climbed higher in light trade

US dollar was trading at higher levels against the Swiss franc on Monday, as the series of US data later in week was eyed amid the continuing lack of clarity over the future of Federal Reserve Bank’s stimulus. USD/CHF reached its highest point during todays session at 0.9274 at 10:02 GMT, the highest level since […] Read more

GBP/USD slid in expectation of US retail sales

On Monday the sterling came off session highs against the US dollar, as market participants remained wary ahead of the US retail sales report, scheduled for release on Tuesday amid the continuing lack of clarity over the future of Federal Reserve Bank’s stimulus. GBP/USD fell from its highest point at 1.5520, registered in early Asian […] Read more

NZD/USD slid ahead of US retail sales report

New Zealand dollar retreated against its US counterpart on Monday, as market participants remained wary ahead of the US retail sales report, scheduled for release on Tuesday amid the continuing lack of clarity over the future of Federal Reserve Banks stimulus. NZD/USD hit its lowest point for todays trade at 0.7991 at 7:52 GMT, after […] Read more

USD/JPY higher after weak Japanese GDP

US dollar was trading higher against the Japanese yen on Monday, after showing a short slide to session lows during Asian trade, following a report to state that Japanese economy expanded less than projected during the second three months of the year. USD/JPY bounced off its lowest point for todays session at 95.91, to trade […] Read more

AUD/USD lower in light trade

Australian dollar was trading on lower levels against the greenback during early European session on Monday, because of the lack of clarity, regarding the timing of Federal Reserve Banks asset purchase scale back. AUD/USD reached its lowest point today at 0.9171 at 0:00 GMT, after which consolidation followed at 0.9184, still erasing 0.15% daily. Support […] Read more