July 5, 2013 2:04 pm
US dollar advanced to 22-month highs versus its Canadian counterpart on Friday, following the release of upbeat US employment data and mediocre Canadian jobs data. USD/CAD jumped to a session high and highest point since October 4th 2011 at 1.0611 at 12:36 GMT, after which consolidation followed at 1.0577. The pair was up by 0.59% […]
Read moreJuly 5, 2013 12:58 pm
Euro tumbled to six-week lows against the US dollar on Friday, following the release of optimistic employment data from the United States, which bolstered expectations that the Federal Reserve Bank will reduce the scale of its stimulus policy in a short term. EUR/USD pair collapsed to 1.2812 at 12:31 GMT, currently the session low and […]
Read moreJuly 5, 2013 8:57 am
British pound plunged against the US dollar for a second day on Friday to three-month lows, after Bank of England decided on July 4th to keep on hold base interest rate and monetary stimulus for a longer period than investors had initially expected. GBP/USD tumbled to a session low and lowest point since March 13th […]
Read moreJuly 5, 2013 8:06 am
US dollar managed to extend its advance against the Swiss franc on Friday, as market sentiment was dominated by expectations of a positively-toned report, regarding US employment in June. USD/CHF jumped to a session high at 0.9595 at 7:18 GMT, after which consolidation followed at 0.9584. The cross added 0.17% for the day. Support was […]
Read moreJuly 5, 2013 7:33 am
Japanese yen traded on lower levels against US dollar on Friday, ignoring positive Leading and Coincident index data, as sentiment was dominated by expectations of the vital US employment report. USD/JPY reached a session high and highest point since July 3rd at 100.39 at 6:07 GMT, after which consolidation followed at 100.28. Support was expected […]
Read moreJuly 5, 2013 7:00 am
The euro traded lower against the US dollar on Friday, closing the distance to five-week lows, registered already during Thursdays trade, as market players awaited the crucial unemployment rate and non-farm payrolls data from the United States. EUR/USD slid to a session low at 1.2888 at 5:40 GMT, after which consolidation followed at 1.2896, still […]
Read moreJuly 4, 2013 1:57 pm
Euro took a sharp fall against the US dollar to five-week lows, as the regular press conference of the European Central Bank began and after President Mario Draghi stressed that monetary policy will remain loose as long as needed. EUR/USD pair hit a new session low at 1.2884 at 13:00 GMT, after which consolidation followed […]
Read moreJuly 4, 2013 11:56 am
British pound fell to five-week lows against the US dollar on Thursday after Bank of England introduced no changes in monetary policy but struck a dovish tone in its statement, concerning interest rates. GBP/USD plunged to a new session low and lowest point since May 29th at 1.5075 at 11:16 GMT, after which consolidation followed […]
Read moreJuly 4, 2013 9:56 am
US dollar traded higher against the Swiss franc on Thursday, as demand for the greenback was supported in expectation of a short-term exit to FEDs Quantitative Easing. USD/CHF cross hit a session high at 0.9499 at 7:41 GMT, after which consolidation followed at 0.9481. Support was expected to be found at June 28th low, 0.9412, […]
Read moreJuly 4, 2013 8:58 am
British pound traded at lower levels against the US dollar on Thursday ahead of statements by the Bank of England and the European Central Bank, regarding the course of their monetary policies. GBP/USD hit a session low at 1.5236 at 7:01 GMT, after which consolidation followed at 1.5250. Support for the pair was expected at […]
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