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EUR/USD close to session lows

August 27, 2013 1:36 pm
The euro continued trading in proximity to session lows against the US dollar on Tuesday amid escalating geopolitical situation between the United States and Syria, which led to safe haven demand boost for the greenback. EUR/USD fell sharply to a session low at 1.3325 at 8:10 GMT, also the pairs lowest point since August 22nd, […] Read more

USD/CHF lower amid Syria concerns

August 27, 2013 10:27 am
US dollar edged lower against the Swiss franc on Tuesday, but still remained supported as a safe haven, after U.S. Secretary of State John Kerry said Syria will be held liable for the usage of chemical weapons. USD/CHF fell to a session low at 0.9182 at 8:00 GMT, also the pairs lowest point since August […] Read more

NZD/USD maintained losses

August 27, 2013 8:51 am
New Zealand dollar was still on negative territory against its US counterpart during European late morning session on Tuesday, as uncertainty over the future of Feds stimulus program urged investors to act cautiously. NZD/USD reached a session low at 0.7767 at 8:08 GMT, after which consolidation followed at 0.7783, plummeting 0.92% on a daily basis. […] Read more

USD/JPY down to session lows on safe haven demand

August 27, 2013 8:23 am
US dollar was losing ground against the Japanese yen on Tuesday, because of concerns that the United States might consider a military intervention in Syria, which strenghtened demand for traditional safe haven assets, such as the yen. USD/JPY took a slide to its lowest point during Tuesday trade at 97.77 at 7:55 GMT, also the […] Read more

AUD/USD plunged on Syria tension

August 27, 2013 7:52 am
Australian dollar lost positions considerably against its US counterpart on Tuesday, as concerns appeared that the United States might consider a military intervention in Syria, which boosted demand for the greenback. AUD/USD plunged to its lowest point since August 22nd, currently the session low, at 0.8944 at 6:22 GMT, after which consolidation followed at 0.8960. […] Read more

EUR/USD on negative territory

August 27, 2013 7:11 am
The euro retreated against the US dollar on Tuesday, because of concerns over a possible military action by the United States against Syrian government, which supported demand for the greenback. EUR/USD fell to a session low at 1.3355 at 6:15 GMT, after which consolidation followed at 1.3363. Support for the pair was expected at August […] Read more

USD/CAD reduced gains after disappointing US durable goods orders

August 26, 2013 2:18 pm
US dollar cut earlier gains against its Canadian counterpart on Monday, following the release of a downbeat report on durable goods orders out of the United States. Trade volumes today remained thin, as UK markets were closed for a national holiday. Having touched a session high at 1.0566 at 9:50 GMT, the pair was trading […] Read more

AUD/USD little changed amid Fed tapering speculation

August 26, 2013 8:41 am
Australian dollar was slightly changed against the greenback on Monday, trimming earlier gains, as investors were weighing Federal Reserve Banks timing for monetary stimulus tapering. AUD/USD recorded a session high at 0.9043 at 4:00 GMT, after which consolidation followed at 0.9034, dipping a mere 0.01% for the day. Support was expected to be received at […] Read more

NZD/USD on positive ground despite downbeat NZ trade balance

August 26, 2013 7:48 am
New Zealand dollar managed to recover from earlier losses against the greenback on Monday, in spite of the downbeat trade balance data out of New Zealand, while the lack of clarity over the future of Feds monetary stimulus continued to persist. NZD/USD hit a session high at 0.7836 at 6:57 GMT, after which the pair […] Read more

EUR/USD steady before US durable goods orders

August 26, 2013 7:26 am
The euro was trading with a slight change against the US dollar on Monday, as durable goods orders report from the United States was in investorsfocus. EUR/USD reached its highest point on Monday at 1.3389 1:12 GMT, after which consolidation followed at 1.3377. Support was likely to be found at August 23rd low, 1.3322, while […] Read more