August 14, 2013 9:47 am
Sterling climbed to its highest against the US dollar on Wednesday, following the release of reports to show UK unemployment rate remained steady and jobless claims decreased. GBP/USD rose to a session high at 1.5505 at 8:38 GMT, after which consolidation followed at 1.5467. Support was likely to be found at current session low, 1.5421, […]
Read moreAugust 14, 2013 9:00 am
US dollar continued its advance against the Japanese yen on Wednesday, after the strong Tuesday session for the greenback, following the release of positive retail sales report out of the United States. USD/JPY hit a session high at 98.41 at 5:42 GMT, the pairs highest point since August 6th, after which consolidation followed at 98.30, […]
Read moreAugust 14, 2013 7:54 am
Australian dollar seemed to ignore the positive signal, submitted by the upbeat Australian consumer confidence data, falling against its US counterpart on Wednesday, as the greenback remained strongly supported by renewed expectations that Fed will begin tapering its bond-purchasing program soon. AUD/USD slid to its lowest point today at 0.9084 at 5:32 GMT, after which […]
Read moreAugust 14, 2013 7:23 am
New Zealand dollar gained positions against its US counterpart on Wednesday, following the release of optimistic retail sales report out of New Zealand, while the greenback was still supported after yesterdays US retail sales data. NZD/USD reached its highest point at 0.7986 during the early phase of Asian trade, after which consolidation followed at 0.7981, […]
Read moreAugust 14, 2013 6:59 am
The euro advanced against the US dollar on Wednesday, following reports to show that French and German economies expanded more than anticipated during the second quarter of the year, boosting optimism over recovery in the euro region. EUR/USD reached its highest point today at 1.3278 at 6:01 GMT, after which consolidation followed at 1.3267, ticking […]
Read moreAugust 13, 2013 2:31 pm
US dollar climbed to its highest point during Tuesday trade against its Canadian counterpart, after an official report showed that core retail sales in the United States rose at the fastest rate in seven months in July, adding to expectations of a soon bond purchase scale back by the Federal Reserve Bank. USD/CAD hit a […]
Read moreAugust 13, 2013 12:44 pm
The euro erased earlier gains against the US dollar on Tuesday, despite the positive economic sentiment data out of Germany and the Euro zone, as focus was set upon the US retail sales report. EUR/USD reacted slightly to the series of positive ZEW indicators earlier today, climbing to a session high at 1.3316 at 9:20 […]
Read moreAugust 13, 2013 11:47 am
US dollar edged higher and traded close to session highs against the Swiss franc on Tuesday, as investors were focusing on the US retail sales report later in the day. USD/CHF touched its highest point during the day at 0.9300 at 11:26 GMT, also the highest level since August 6th. Support was likely to be […]
Read moreAugust 13, 2013 9:48 am
British pound showed little reaction against the US dollar on Tuesday, after a report said that consumer inflation in the United Kingdom remained flat in July in consonance with preliminary estimates. GBP/USD touched a session high at 1.5490 at 9:15 GMT, after which consolidation followed at 1.5473, rising by 0.07% daily. Support was expected in […]
Read moreAugust 13, 2013 9:06 am
New Zealand dollar slid to lower levels against its US counterpart on Tuesday, as market players expected that 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. NZD/USD fell to a session low at 0.7979 at 8:14 […]
Read more