Currency News

EUR/USD in steady trade after Euro zone economic reports

The euro traded steadily against the US dollar during late European session on Wednesday, following the reports on inflation and unemployment in the Euro zone, as markets awaited Federal Reserves policy statement later in the day. EUR/USD slipped to a session low at 1.3248 at 10:40 GMT, after which the pair consolidated at 1.3259, down […] Read more

USD/CHF on over one-month lows

US dollar tumbled to more than one-month lows against the Swiss franc on Wednesday, as the Swissie found support after the release of positive data out of Switzerland, regarding the KOF Leading Indicator. USD/CHF fell to 0.9252 at 8:38 GMT, the lowest point since June 21st, after which consolidation followed at 0.9270. The pair was […] Read more

EUR/USD on session highs after positive German and Italian Unemployment reports

The euro reached a fresh new session high against the US dollar on Wednesday, following the release of optimistic data, regarding Unemployment in Germany and Italy. EUR/USD hit the highest point for todays session at 1.3290 at 8:00 GMT, after which consolidation followed at 1.3281. Today it became clear that the number of unemployed people […] Read more

GBP/USD little changed before FOMC

British pound showed little change against the US dollar on trading Wednesday, as investors used caution, making decisions just ahead of the anticipated statement on monetary policy by the Federal Reserve Bank later in the day. GBP/USD distanced from its lowest point today at 1.5198, reached at 7:14 GMT, to trade at 1.5236 at 8:12 […] Read more

USD/JPY slid in expectation of FOMC decision

US dollar registered a retreat against the Japanese yen on Wednesday, as market players remained wary ahead of FEDs statement on monetary policy later today. USD/JPY hit a session low at 97.76 at 6:10 GMT, after which consolidation followed at 97.95, down by 0.08% for the day. Support was expected at June 26th low, 97.24, […] Read more

NZD/USD slightly lower ahead of FOMC decision

New Zealand dollar traded slightly lower against its US counterpart on Wednesday, as investors expected the decision on monetary policy by the Federal Open Market Committee later in the day. NZD/USD reached a session high at 0.7990 at 6:06 GMT, after which consolidation followed at 0.7981. Support was likely to be found at July 19th […] Read more

GBP/USD on negative territory

British pound was losing ground for a third day on Tuesday against the US dollar, as market participants preferred wariness, making their decisions ahead of policy meetings by Bank of England and the Federal Reserve this week. GBP/USD slid to a session low at 1.5294 at 9:39 GMT, the lowest point since July 25th, after […] Read more

USD/CHF little changed in light trade

US dollar remained almost unchanged against the Swiss franc on Tuesday, as market players were cautious ahead of the monthly meeting on policy by the Federal Reserve Bank, scheduled to begin today. USD/CHF slipped to a session low at 0.9291 at 8:51 GMT, after which consolidation followed at 0.9299, down by 0.16% for the day. […] Read more

NZD/USD remained lower

New Zealand dollar continued its slide against the US dollar on Tuesday, following the comments by NZ Prime Minister John Key on Monday. NZD/USD fell to its lowest point during the session at 0.7979 at 4:00 GMT, after which consolidation followed at 0.7995. Support was likely to be found at July 19th low, 0.7887, while […] Read more