June 25, 2013 1:41 pm
US dollar pulled back from session lows against the Japanese yen on Tuesday on stronger than projected data, regarding US durable goods orders. Results boosted optimism about US economic recovery. USD/JPY reached 97.68 at 12:35 GMT, as the cross hit a session low at 96.95 before the release of US data. The Commerce Department reported […]
Read moreJune 25, 2013 9:00 am
On Tuesday British pound edged higher against the US dollar, as the Debt Management Office prepared to sell UK government bonds with maturity in 2068 via banks. GBP/USD hit a session high at 1.5460 at 6:58 GMT, after which consolidation followed at 1.5450. The sterling was likely to find support at June 21st low, 1.5405, […]
Read moreJune 25, 2013 8:21 am
Japanese yen managed to pull back from almost two-week lows against the US dollar, after Asian shares declined for the second consecutive day on concerns that cash shrinkage in China could curb economic growth and therefore, boost safe haven demand for national currency. “The price action is fearful because of the potential for slowing Chinese […]
Read moreJune 25, 2013 7:45 am
New Zealand dollar remained almost without change against its US counterpart on Tuesday, as demand for the US dollar was still underpinned by ongoing expectations that US central bank will reduce scale of asset purchases by the end of 2013. NZD/USD fell to a session low at 0.7706 during the later phase of Asian trade, […]
Read moreJune 25, 2013 7:13 am
The euro edged higher against the US dollar on Tuesday, as Federal Reserve Bank experts calmed down the widespread fears that the central bank will end its stimulus program. EUR/USD hit a session high at 1.3145 at 6:38 GMT. Support was expected at June 24th low, 1.3058, while resistance was to be encountered at 1.3175. […]
Read moreJune 25, 2013 6:44 am
Australian dollar retreated against its US counterpart in a highly volatile trade, the highest for the past 1.5 years, as China’s central bank signaled it will keep efforts to curb credit growth. Chinese shares submerged deeper into a bear tendency. Additionally, Australian government bonds rebounded after Federal Reserve Bank of Dallas President Richard Fisher said […]
Read moreJune 24, 2013 3:11 pm
USD/CAD pair went above 1.05 and was on its way to reach the lowest value for almost 2 years on expectations that US dollar will gain more strength when the Federal Reserve exits its Quantitative Easing. The currency lost ground against the majority of its 16 most-traded peers as Fed Chairman Ben Bernanke said on […]
Read moreJune 24, 2013 12:02 pm
US dollar pulled back from session highs against the Japanese yen on Monday, but the greenback was still supported by expectations that the Federal Reserve will begin unwinding its easing program by this years end. USD/JPY came off nearly two-week highs during European late morning trade, at levels around 97.91-97.96, as previously the cross reached […]
Read moreJune 24, 2013 9:45 am
Euro came off session lows against the US dollar on Monday during the European late morning trade. EUR/USD pair slid to a session low at 1.3088 at 8:33 GMT, after which pulled off and reached 1.3121 at 9:22 GMT. Support was expected at June 21st low, 1.3072, while resistance was to be met at June […]
Read moreJune 24, 2013 8:18 am
British pound fell on Monday for the second day in a row against the US dollar, reaching the lowest level in more than two weeks, as the Debt Management Office intended to sell UK government bonds with maturity in 2068 via banks this week. Pound lost ground for the first time in three days versus […]
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