July 10, 2013 9:27 am
British pound regained positions against the US dollar on Wednesday, as speculation appeared that GBP/USD cross sell-off during the last few days was excessive, while markets awaited the minutes of the Federal Reserve Banks meeting on policy in June, scheduled for release later today. GBP/USD reached a session high at 1.4924 at 8:14 GMT, after […]
Read moreJuly 10, 2013 8:32 am
Japanese yen climbed to three-day highs against the US dollar on Wednesday, following the disappointing trade balance report from China, which boosted safe haven demand for the Japanese currency. USD/JPY fell down to a session low at 100.05 at 8:07 GMT, the lowest point since July 5th. Support was expected at July 5th low, 99.88, […]
Read moreJuly 10, 2013 7:58 am
New Zealand dollar managed to distance from session lows against its US peer during Wednesdays early trade, following the release of disappointing data, regarding trade balance in China, while market players began focusing on the FED minutes, expected later in the day. NZD/USD pair registered a session low at 0.7823 at 2:40 GMT, after which […]
Read moreJuly 10, 2013 7:22 am
After falling to three-month lows against the US dollar on July 9th, on July 10th the euro pulled back from those levels, but was still put under pressure, following the statement of a senior ECB official on Tuesday, regarding the banks monetary policy. EUR/USD slid to a session low at 1.2769 at 2:00 GMT, after […]
Read moreJuly 9, 2013 2:08 pm
US dollar lowered against its Canadian counterpart on Tuesday, following the optimistic data, regarding Canadian housing sector, but still expectations of FED taking action continued supporting greenbacks demand. USD/CAD fell to a session low at 1.0512 at 13:14 GMT, the lowest point since July 5th, after which consolidation followed at 1.0520. Support was likely to […]
Read moreJuly 9, 2013 11:46 am
British pound lost positions sharply against the US dollar on Tuesday, following the official report, regarding manufacturing production, which stated the largest drop in four months in May. GBP/USD tumbled to a session low at 1.4831 at 10:39 GMT, after which consolidation followed at 1.4860. Support was expected at July 8th low and a four-month […]
Read moreJuly 9, 2013 10:06 am
US dollar advanced against the Swiss franc on Tuesday, following the unexpected slow down in retail sales in Switzerland in May, while expectations of FED to begin tapering its Quantitative Easing by the end of this year still weighed on sentiment. USD/CHF hit a session high and highest point since May 29th at 0.9679 at […]
Read moreJuly 9, 2013 9:15 am
US dollar climbed higher against the Japanese yen on Tuesday, as demand for the dollar remained strong ahead of FOMC meeting protocol, which was scheduled for release on Wednesday. USD/JPY pair reached a session high at 101.30 at 6:04 GMT, after which consolidation followed at 101.06. At 9:51 GMT the cross was trading at 101.20, […]
Read moreJuly 9, 2013 8:39 am
The euro managed to gain further ground against the US dollar on Tuesday, but upward movement was likely to remained limited, because of expectations of US Federal Reserve Bank to reduce the scale of bond purchases soon. EUR/USD cross touched 1.2897 at 6:54 GMT, the pairs highest point for todays trade, after which consolidation followed […]
Read moreJuly 9, 2013 7:48 am
New Zealand dollar advanced against its US counterpart on Tuesday, following the release of positive business confidence data from New Zealand. NZD/USD pair hit a session high at 0.7873 at 7:01 GMT, after which consolidation followed at 0.7860. Support was expected at July 3rd low, 0.7710, while resistance was to be encountered at June 10th […]
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