July 4, 2013 1:57 pm
Euro took a sharp fall against the US dollar to five-week lows, as the regular press conference of the European Central Bank began and after President Mario Draghi stressed that monetary policy will remain loose as long as needed. EUR/USD pair hit a new session low at 1.2884 at 13:00 GMT, after which consolidation followed […]
Read moreJuly 4, 2013 11:56 am
British pound fell to five-week lows against the US dollar on Thursday after Bank of England introduced no changes in monetary policy but struck a dovish tone in its statement, concerning interest rates. GBP/USD plunged to a new session low and lowest point since May 29th at 1.5075 at 11:16 GMT, after which consolidation followed […]
Read moreJuly 4, 2013 9:56 am
US dollar traded higher against the Swiss franc on Thursday, as demand for the greenback was supported in expectation of a short-term exit to FEDs Quantitative Easing. USD/CHF cross hit a session high at 0.9499 at 7:41 GMT, after which consolidation followed at 0.9481. Support was expected to be found at June 28th low, 0.9412, […]
Read moreJuly 4, 2013 8:58 am
British pound traded at lower levels against the US dollar on Thursday ahead of statements by the Bank of England and the European Central Bank, regarding the course of their monetary policies. GBP/USD hit a session low at 1.5236 at 7:01 GMT, after which consolidation followed at 1.5250. Support for the pair was expected at […]
Read moreJuly 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 moreJuly 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 moreJuly 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 moreJuly 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 moreJuly 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 moreJuly 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, […]
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