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US dollar managed to preserve higher levels against the euro

June 24, 2013 7:10 am
On Monday US dollar traded close to 2-week highs against the euro after the signal, submitted by FED last Wednesday, which shot the greenback sky-high against most of its major peers. EUR/USD pair slid to a session low at 1.3088 during the later phase of Asian trade, lowest value since June 6th, after which consolidation […] Read more

Australian dollar on higher levels against US peer, experts saw further downside

June 24, 2013 6:42 am
On Monday Australian dollar traded on higher levels versus its US counterpart, but however, projections appeared to foresee a further slide for the Aussie. AUD/USD pair hit a session high at 0.9253 during Mondays Asian trade, after which consolidated at 0.9210. Support was likely at June 20th low and a 33-month low, 0.9162, while resistance […] Read more

Euro plunged against US dollar to over 2-week lows

June 21, 2013 2:44 pm
The euro took a sudden turn on Friday, erasing early gains against the US dollar and tumbled to two-and-a-half-week lows, as demand for the greenback remained strong. EUR/USD pair plunged to a session low at 1.3136 at 14:42 GMT. The pair was down by 0.65% for the day. Support was expected at June 6th low, […] Read more

USD/CAD with a sharp advance on Canadian inflation and retail sales data

June 21, 2013 1:01 pm
US dollar skyrocketed against its Canadian counterpart on Friday after the release of not so confident economic data from Canada. USD/CAD pair jumped to a session high at 1.0486 at 12:50 GMT, advancing almost 90 pips, compared to the trading levels right before Canadian news. This was pairs highest value since November 2011. Subsequently, the […] Read more

USD/CHF advanced in a light-volume trade

June 21, 2013 9:56 am
US dollar registered a gradual increase against the Swiss franc during European morning session in a trade, defined by light volumes, as there are no US indicators expected to be released today. USD/CHF pair rose to a session high at 0.9293 at 7:27 GMT, after which consolidation followed at 0.9281. Support was expected at current […] Read more

British pound tumbled against US dollar, ignoring optimistic UK data

June 21, 2013 9:05 am
British pound slid against the US dollar on Friday, despite the positive signal, submitted from UK, as pressure by FED comments on stimulus remained strong. GBP/USD pair tumbled to a session low at 1.5472 at 7:28 GMT, after which consolidation followed at 1.5485. The cross was down by 0.17% for the day. Support was expected […] Read more

Euro on higher levels against the US dollar, gains capped

June 21, 2013 7:15 am
The euro edged to higher levels versus the US dollar on Friday, but still FEDs statement on Wednesday seemed to weigh on sentiment and supported the dollar. Additionally, this upward movement came ahead of Euro zones Current Account data, which registered a record surplus in March. EUR/USD pair reached a session high at 1.3255 during […] Read more

Aussie rebounded versus US dollar despite HSBC forecast

June 21, 2013 6:35 am
Australian dollar came off almost three-year lows against its US peer on Friday, as market players supported the Aussie. AUD/USD pair traded at 0.9245 at 6:18 GMT, up by 0.50% for the day. Support was expected at 0.9228, while resistance was to be encountered at June 20th high, 0.9363. Australian dollar achieved this result despite […] Read more