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New Zealand dollar in stable trade against US peer

July 4, 2013 8:18 am
New Zealand dollar traded steadily against its US counterpart on Thursday through the course of a light-volume trade, as main influence was caused by expectations for the Federal Reserve Bank to take action and scale back its Quantitative Easing soon. NZD/USD pair reached a session high at 0.7806 at 3:05 GMT, highest point since July […] Read more

Aussie climbed against US dollar despite disappointing building approvals data

July 4, 2013 7:56 am
Australian dollar traded at lower levels against the US peer on Thursday, following the release of weaker than expected data from Australia, regarding building approvals. AUD/USD pair reached a session high at 0.9133 in the later phase of Asian trade, after which consolidation followed at 0.9111. Support was expected at July 3rd low and almost […] Read more

Euro lower against the US dollar ahead of ECB decision

July 4, 2013 7:07 am
The euro traded lower against the US dollar on Thursday in expectation of European Central Banks monthly meeting later today and as a result of political crisis in Portugal, which was still causing influence on the pair. EUR/USD slid to a session low at 1.2987 at 4:15 GMT, after which consolidation followed at 1.2994. Support […] Read more

USD/CAD pair on session highs after US and Canadian data

July 3, 2013 2:34 pm
US dollar advanced to session highs against its Canadian counterpart on Wednesday after strong US employment data and trade balance results from the United States and Canada. USD/CAD cross reached a session high at 1.0567 at 13:23 GMT, after which consolidation followed at 1.0555. The pair was up by 0.11% for the day. Support was […] Read more

US dollar off session lows against the yen on US ADP report

July 3, 2013 1:43 pm
US dollar jumped off session lows against the Japanese yen on Wednesday, following the release of optimistic employment data from the United States. USD/JPY cut losses, with the pair down to 99.69, as previously it traded close to session lows at 99.26. Payroll processor ADP reported earlier that US employment rose, as the private sector […] Read more

EUR/USD off session lows on retail sales data

July 3, 2013 9:49 am
The euro pulled back from session lows against the US dollar, following the release of Retail Sales report in the Euro zone. EUR/USD cross jumped off current session low at 1.2923 to reach 1.2964 at 9:05 GMT. Currently the pair was trading at 1.2952, down by 0.21% for the day. Earlier today it was reported, […] Read more

British pound jumped to session highs versus US dollar on upbeat Services CIPS

July 3, 2013 8:51 am
British pound registered a sharp advance against the US dollar on Wednesday, following the release of stronger than expected data, regarding activity in the UK sector of services in June. GBP/USD pair hit a session high at 1.5246 at 9:03 GMT. Consolidation followed at 1.5229. Support was expected at current session low, 1.5128, while resistance […] Read more

USD/JPY at five-week highs

July 3, 2013 8:02 am
US dollar reached five-week highs against the Japanese yen on Wednesday, supported by expectations, regarding FEDs easing policy future. USD/JPY cross hit a session high at 100.82 at 6:29 GMT and highest point since May 31st, after which consolidation followed at 100.75. Support was likely to be found at July 2nd low, 99.50, while resistance […] Read more

EUR/USD at one-month lows

July 3, 2013 7:32 am
Euro traded near one-month lows against the US dollar on Wednesday, as demand for the greenback was boosted by growing expectations that the Federal Reserve Bank will begin unwinding its Quantitative Easing in a foreseeable future. EUR/USD fell down to a session low at 1.2961 at 5:38 GMT, after which consolidation followed at 1.2975. Support […] Read more

NZD/USD close to session lows

July 3, 2013 6:48 am
New Zealand dollar traded at levels close to session lows against its US counterpart on Wednesday, as investors continued their support of the greenback in expectation of series of crucial economic data, scheduled for release later in the day. NZD/USD hit a session low at 0.7720 at 6:27 GMT. Currently the cross was trading at […] Read more