July 16, 2013 1:14 pm
US dollar traded lower against the Swiss franc on Tuesday, as the greenback was under pressure ahead of congressional testimony by Ben Bernanke on Wednesday. USD/CHF hit a session low at 0.9420 at 12:48 GMT, after which consolidation followed at 0.9431. Support was likely to be received at July 11th low, 0.9412, while resistance was […]
Read moreJuly 16, 2013 12:46 pm
The euro rose to session highs against the widely retreating US dollar on Tuesday, as market players awaited the testimony by Ben Bernanke in front of the Congress and following German Chancellor Angela Merkels comments earlier today. EUR/USD hit a session high at 1.3129 at 11:22 GMT, the highest point since July 11th, after which […]
Read moreJuly 16, 2013 10:01 am
British pound slid against the US dollar on Tuesday, following the official consumer price index report from the United Kingdom, which showed consumer inflation rose less than expected during June. GBP/USD cross fell to a session low at 1.5044 at 8:45 GMT, after which consolidation followed at 1.5054. Support was expected at July 11th low, […]
Read moreJuly 16, 2013 8:41 am
Alongside Australian dollar, the kiwi dollar was also on higher levels against the US dollar on Tuesday, because demand for the greenback was put under pressure ahead of Ben Bernankes testimony to Congress tomorrow. NZD/USD hit a session high at 0.7849 at 7:44 GMT, after which consolidation followed at 0.7831. Support was expected at July […]
Read moreJuly 16, 2013 7:58 am
Australian dollar climbed for a second day in a row against the greenback on Tuesday, after the release of the minutes of the recent RBA meeting, while the US dollar was put under pressure ahead of Ben Bernankes testimony to Congress tomorrow. AUD/USD reached a session high at 0.9193 at 5:59 GMT, the highest point […]
Read moreJuly 16, 2013 7:17 am
The euro pushed higher versus the US dollar on Tuesday, as market players began focusing on the testimony to Congress by Ben Bernanke on Wednesday. EUR/USD reached a session high at 1.3094 at 6:03 GMT, after which consolidation followed at 1.3080. Support was expected at July 12th low, 1.2998, while resistance was to be encountered […]
Read moreJuly 15, 2013 2:35 pm
US dollar reduced gains against its Canadian counterpart on Monday, following the retail sales report from the United States, which showed that the indicator rose less than projected, bringing to life fears that economy was losing its momentum. USD/CAD fell from a session high at 1.0434, the highest point since July 11th to reach 1.0402 […]
Read moreJuly 15, 2013 12:49 pm
The widely expanding US dollar traded close to session highs against the Swiss franc on Monday, as demand for the greenback was bolstered in expectation of Ben Bernankes statements later in the week. USD/CHF hit a session high and highest value since July 11th at 0.9533 at 11:51 GMT, after which consolidation followed at 0.9526. […]
Read moreJuly 15, 2013 11:52 am
US dollar continued its advance against the euro and the other major currencies on Monday, as market players put their focus on the upcoming statement by FED Chairman Ben Bernanke for clues, regarding monetary policy and also in expectation of the US retail sales report later today. EUR/USD slid to a new session low at […]
Read moreJuly 15, 2013 9:11 am
British pound slid to lower levels against the US dollar on Monday, as the greenback was supported by renewed expectations of US Federal Reserve Bank tapering its Quantitative Easing later in the year. GBP/USD fell to a session low at 1.5039 at 8:44 GMT, the lowest point since July 11th, after which consolidation followed at […]
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