Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Euro on higher levels against the US dollar on German retail sales

June 28, 2013 7:15 am
Euro advanced against the US dollar on Friday after the release of German retail sales data, but the single currency was still under the influence of European Central Bank President Mario Draghi comments earlier this week. EUR/USD cross hit 1.3075 at 6:01 GMT, currently the session high, after which consolidation followed at 1.3055. Support was […] Read more

New Zealand dollar retreated against US peer after NZ Building Permits data

June 28, 2013 6:46 am
New Zealand dollar traded on lower levels against its US counterpart on Friday after the release of building permits data in New Zealand. NZD/USD fell to a session low at 0.7756 during Asian trade, after which consolidated at 0.7790. Support was expected at June 26th low, 0.7718, while resistance was to be met at June […] Read more

USD/CAD rose after US data

June 27, 2013 2:50 pm
US dollar came off session lows against its Canadian counterpart on Thursday after positive US jobless claims and pending home sales data was announced. USD/CAD jumped off a session low at 1.0422, registered at 8:47 GMT, lowest point since June 21st, to reach 1.0481 at 14:24 GMT. The cross was up by 0.09% for the […] Read more

US dollar pared losses against the euro after US data

June 27, 2013 1:08 pm
The dollar erased earlier losses against the euro on Thursday after official report showed that US jobless claims decreased, meeting expectations. EUR/USD fell to 1.3023 at 12:48 GMT, after which consolidated in the 1.3030-1.3035 range. Minutes ago, the Department of Labor in the United States reported that the number of people, filed for unemployment assistance, […] Read more

US dollar up to 3.5-week high against the Swiss franc ahead of US data

June 27, 2013 11:35 am
US dollar climbed to 3.5-week high versus the Swiss franc on Thursday, as the greenback still remained supported with FEDs Quantitative Easing speculation in focus and ahead of series of economic indicators, scheduled to be released later today by the United States. USD/CHF hit a session high and highest value since June 5th at 0.9465 […] Read more

British pound trimmed gains against the US dollar on UK GDP

June 27, 2013 9:54 am
British pound shorted gains against the US dollar on Thursday after released UK Gross domestic product data disappointed expectations. GBP/USD pair tumbled to a session low and a three-week low at 1.5270 at 8:53 GMT. The cross erased 0.31% for the day. Support was likely to be received at June 3rd low, 1.5190, while resistance […] Read more

US dollar higher against the yen

June 27, 2013 8:17 am
On Thursday US dollar traded higher versus the Japanese currency, as Asian stock markets recorded gains today and that shorted demand for the yen. USD/JPY was trading at 98.20 at 7:43 GMT, after it reached a session high at 98.39 earlier. Support was expected at June 25th low, 96.95, while resistance was to be encountered […] Read more

Australian dollar advanced fifth day after Kevin Rudd’s victory

June 27, 2013 7:35 am
Australian dollar rose for the fifth day in a row before Federal Reserve Bank of New York President William Dudley takes a statement today. The Aussie advanced against almost all of its major peers, as Kevin Rudd was sworn in as Australia’s prime minister, having won the leadership ballot over Julia Gillard yesterday. “We expect […] Read more

New Zealand dollar higher against US counterpart, ignoring weaker surplus

June 27, 2013 6:30 am
On Thursday New Zealand dollar was on higher levels against its US peer during the later phase of Asian trade, despite smaller than expected amount of the recorded trade surplus in New Zealand. NZD/USD traded as high as 0.7826, up 0.43% for the day. Support was expected at June 24th low, 0.7684, while resistance was […] Read more