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US dollar on a 3.5-week high versus the yen

July 1, 2013 8:37 am
US dollar climbed to 3.5-week highs against the Japanese yen on Monday, supported by expectations that FED will take action, regarding its Quantitative Easing. USD/JPY hit a session high at 99.72 at 7:32 GMT, pairs highest point since June 5th, after which consolidation followed at 99.58. The cross added 0.37% for the day. Support was […] Read more

New Zealand dollar with limited gains against US peer

July 1, 2013 7:23 am
New Zealand dollar traded higher against its US counterpart on Monday, but it was put under pressure following the release of mixed Chinese PMI data and the ongoing expectation, that the Federal Reserve will start to unwind its monthly bond purchases by the end of this year. NZD/USD pair reached a session high at 0.7785 […] Read more

Euro on higher levels against the US dollar

July 1, 2013 7:01 am
Euro moved higher against the US dollar on Monday, but gains seemed capped on expectations that FED will start to unwind monthly asset purchases and also on Chinese PMI data. EUR/USD pair hit a session high at 1.3035 at 6:24 GMT, after which consolidation followed at 1.3030. The cross was up by 0.16% for the […] Read more

Australian dollar higher versus US peer on China PMI

July 1, 2013 6:37 am
Australian dollar recorded gains against its US counterpart on Monday, following the release of Chinese PMI for June. AUD/USD rose to 0.9200 at 6:19 GMT, after dipping to 0.9112 on Friday, the lowest point since September 8th 2010. Support was expected at June 28th low, 0.9112, while resistance was to be encountered at June 23rd […] Read more

USD/CAD off session highs on Canadian data

June 28, 2013 1:15 pm
Canadian dollar managed to advance against its US counterpart on Friday after the release of fairly positive economic data from Canada, while sentiment was still under the influence of FED stimulus speculation. USD/CAD fell off a session high at 1.0499 at 12:28 GMT to 1.0474 at 12:34. Support was expected in the range 1.0445-1.0465, while […] Read more

USD/CHF off session lows

June 28, 2013 12:10 pm
US dollar pulled back from session lows against the Swiss franc on Friday amid uncertainty over FEDs plans, regarding stimulus. USD/CHF fell down to a session low at 0.9422 at 11:22 GMT, after which consolidation followed at 0.9438. The cross was down by 0.17% for the day. Support was expected in the 0.9410-0.9420 range, while […] Read more

Pound lower versus US dollar on UK data

June 28, 2013 9:40 am
British pound slipped lower against the US dollar on Friday, despite relatively positive UK data, as uncertainty aroused over future moves by the Federal Reserve, regarding its stimulus. GBP/USD fell to a session low at 1.5232 at 8:46 GMT, after which consolidation followed at 1.5250. Support was expected at June 3rd low, 1.5196, while resistance […] Read more