July 11, 2013 7:33 am
On Thursday the euro trimmed gains against the US dollar, achieved yesterday after FED Chairman Ben Bernankes statement, pulling back from three-week highs. EUR/USD hit a session high at 1.3206 at 22:50 GMT on Wednesday, the highest point since June 21st, after which slid to 1.3078 at 6:51 GMT, still up by 0.78%. Support was […]
Read moreJuly 10, 2013 2:28 pm
Canadian dollar edged higher against its US counterpart on Wednesday, as market players awaited the release of FED minutes and the following statement by Chairman Ben Bernanke later in the trading day. USD/CAD fell to a session low at 1.0494 at 11:14 GMT, the lowest point since July 4th, after which consolidation followed at 1.0520. […]
Read moreJuly 10, 2013 11:56 am
The US dollar traded lower against the Swiss franc on Wednesday, as market participants awaited the release of FED minutes, scheduled later in the day. USD/CHF fell to a session low at 0.9674 at 8:13 GMT, after which consolidation followed at 0.9695, down by 0.35% for the day. Support was likely to be received at […]
Read moreJuly 10, 2013 10:14 am
Australian dollar advanced against its US counterpart on Wednesday, but upward movement seemed limited after the disappointing Chinese trade balance report. AUD/USD reached a session high at 0.9233 at 8:13 GMT, the highest point since July 2nd, after which consolidation followed at 0.9198, still up by 0.23% for the day. Support was expected at July […]
Read moreJuly 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 […]
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