June 20, 2013 3:01 pm
US existing home sales rose by 4.2% during May, reaching annual number of 5.18 million and marking the highest value since November 2009. National Association of Realtors said that sales of existing homes jumped by 12.9% on annual basis in May, submitting a signal that recovery in the housing sector might continue. The average price […]
Read moreJune 20, 2013 1:11 pm
US dollar pulled away from highs against its major peers on Thursday after the official weekly report stated the number of people, who filed for unemployment assistance, jumped to a three-week high during the past week. During European afternoon trade EUR/USD pair increased to 1.3216 at 13:03 GMT, off current session low at 1.3179. USD/JPY […]
Read moreJune 20, 2013 11:44 am
US dollar kept its higher levels against the Swiss franc on Thursday, as the Swiss National Bank left interest rates on hold. USD/CHF pair hit a session high at 0.9359 at 9:48 GMT, which was also the highest value since June 10th, after which consolidation followed at 0.9337. The cross was up by 0.60% for […]
Read moreJune 20, 2013 9:30 am
British pound bounced off session lows versus the expanding US dollar on Thursday, as UK retail sales report stated stronger data in May than preliminary estimates. GBP/USD pair pulled away from 1.5413, currently the session low and lowest value since June 6th, and reached 1.5478 during the late morning phase of European trade. Support was […]
Read moreJune 20, 2013 8:51 am
On Thursday the euro collapsed to a trade days low against the advancing US dollar after the release of the series of PMI indicators from Euro zone countries. EUR/USD pair slid to 1.3208 during European morning trade, currently the session low and lowest value since June 10th, after which consolidation followed at 1.3220. The cross […]
Read moreJune 20, 2013 7:44 am
On Thursday US dollar extended gains versus the Japanese yen from yesterdays trade after FED Chairman Ben Bernanke statement on monetary policy. USD/JPY pair hit 97.97 during the early European trade, currently the session high and highest since June 11th, after which consolidation followed at 97.87. The cross was up by over 1% for the […]
Read moreJune 20, 2013 7:08 am
New Zealand dollar went to lower levels against its US counterpart on Thursday after the release of a disappointing report on NZ Gross Domestic Product. NZD/USD pair fell to 0.7844 during the early phase of European trade. Support level at June 18th low, 0.7949 was breached. Resistance was likely to be met at June 17th […]
Read moreJune 20, 2013 6:35 am
Australian dollar retreated against its US counterpart on Thursday after market players abandoned their concerns about the exit of FEDs stimulus. AUD/USD pair slid to 0.9250 during early European session. Support was expected in the range 0.9225-0.9245, while resistance was to be met at June 18th high, 0.9574. Federal Reserve Bank Chairman Ben Bernanke said […]
Read moreJune 19, 2013 2:50 pm
US dollar traded in a narrow range against its Canadian counterpart on Wednesday, as market players were positioning in expectation of the Federal Reserve’s policy meeting later in the day. USD/CAD pair fell to a session low at 1.0180 during the early phase of US trade, after which consolidation followed at 1.0197. Support was likely […]
Read moreJune 19, 2013 1:19 pm
The sterling advanced against the US dollar on Wednesday, as investors focus was set on the most significant event for today, the outcome of Federal Reserve Banks monthly meeting. GBP/USD pulled back from session low at 1.5602 and reached 1.5670 during European afternoon trade. Support was expected at the current session low, while resistance was […]
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