July 9, 2013 7:17 am
Australian dollar managed to recover lost positions versus its US peer during the early phase of Asian trade on Tuesday. AUD/USD pair fell to session lows at 0.9083 earlier on Tuesday, while at 6:39 GMT it was trading at 0.9149, registering a 0.15% gains for the day. Support was likely to be received at July […]
Read moreJuly 8, 2013 2:17 pm
US dollar slid to session lows against its Canadian counterpart on Monday, as investors took profits, following dollars recent rally. USD/CAD pair fell to a session low at 1.0546 at 12:39 GMT, after which consolidation followed at 1.0559. The cross erased 0.10% for the day. Support was expected at July 5th low, 1.0510, while resistance […]
Read moreJuly 8, 2013 1:23 pm
On Mondays trade the euro edged higher against the US dollar, but gains seemed capped, as expectations of FED to begin tapering its Quantitative Easing, weighed on market sentiment. EUR/USD cross climbed to a session high at 1.2861 at 10:37 GMT, after which consolidation followed at 1.2845. Support was likely to be found at March […]
Read moreJuly 8, 2013 12:33 pm
British pound traded close to 11-week lows against the euro on Monday on speculation that Bank of England will stick to its current stimulus policy. EUR/GBP pair hit a session high at 0.8621 earlier, after which consolidation followed at 0.8615. On July 4th the pair slid to 0.8633, the lowest point since April 17th. “The […]
Read moreJuly 8, 2013 9:32 am
US dollar came off session highs against the Swiss franc on Monday, following optimistic data, regarding Swiss unemployment rate and industrial production. USD/CHF hit a session high at 0.9666 at 5:00 GMT, as at 9:09 GMT the cross was trading at 0.9644, still up by 0.11% for the day. Support was expected at 0.9625, while […]
Read moreJuly 8, 2013 8:49 am
On Monday British pound traded close to four-month lows versus the US dollar, following the stronger than expected employment data from the United States on July 5th. GBP/USD pair fell to a session low at 1.4858 during early European trade, after which consolidation followed at 1.4877. The cross was down by 0.17% for the day. […]
Read moreJuly 8, 2013 8:08 am
US dollar fell to lower levels against the Japanese yen on Monday from near five-week highs, because of the decline in Asian shares overnight, that increased demand for the yen. USD/JPY slid to a session low at 100.94 at 6:07 GMT, after which consolidated at 101.10. Support was expected at July 5th low, 99.88, while […]
Read moreJuly 8, 2013 7:26 am
The euro traded close to six-week lows versus the greenback on Monday, as stronger than projected employment data from the United States, released on July 5th, bolstered expectations of a possible bond purchase tapering by the Federal Reserve soon. EUR/USD pair fell to a session low at 1.2812 at 5:01 GMT, after which consolidation followed […]
Read moreJuly 8, 2013 6:51 am
Australian dollar reduced its value against its US counterpart on Monday, heading toward almost three-year lows on grown speculations that the Reserve Bank of Australia (RBA) might reduce interest rates in the next month. AUD/USD fell to a session low at 0.9041 during the Asian trade, as the pair lost almost 1% in the end […]
Read moreJuly 5, 2013 2:54 pm
British pound, alongside the euro, crumbled to 3.5-month lows against the US dollar on Friday, as the greenback was given enormous support, following the release of positive employment data from the United States. GBP/USD cross took a dive to a session low and lowest point since March 12th at 1.4858 at 12:31 GMT, after which […]
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