July 2, 2013 7:24 am
The euro recorded a slight change against the US dollar on Tuesday after stronger than expected ISM manufacturing data was released on Monday from the United States, adding to expectations that the Federal Reserve Bank will begin to taper its Quantitative Easing by this years end. EUR/USD increased to a session high at 1.3078 at […]
Read moreJuly 2, 2013 6:51 am
On Tuesday Australian dollar came off session highs against its US counterpart to sink lower, following the Reserve Bank of Australia interest rate decision. AUD/USD reached a session high at 0.9251 at 0:30 GMT and took a gradual drop to 0.9164 at 6:27 GMT. Support was expected at June 28th low, 0.9101, while resistance was […]
Read moreJuly 1, 2013 2:53 pm
The euro trimmed its earlier gains against the US dollar, after US ISM indicator showed increased activity in the sector of manufacturing in June. EUR/USD slid from a session high at 1.3060 to reach 1.3021 at 14:08 GMT. Currently it was trading at 1.3031, or gaining 0.11% for the day. The Institute for Supply Management […]
Read moreJuly 1, 2013 12:32 pm
US dollar lowered in value against the common currency on Monday, despite the support it was receiving amid FED speculation. EUR/USD rose to a session high at 1.3060 at 9:55 GMT, after which consolidation followed at 1.3050. Earlier on Monday a report showed that Flash Harmonized Index of Consumer Prices (HICP) in the Euro zone […]
Read moreJuly 1, 2013 11:43 am
The franc was almost without change versus the US dollar on Monday, following the release of optimistic Swiss PMI data and amid uncertainty about the future moves by the Federal Reserve Bank. USD/CHF hit a session high at 0.9460 at 7:08 GMT, after which consolidation followed at 0.9450. Support was expected at June 28th low, […]
Read moreJuly 1, 2013 8:59 am
Sterling jumped to session highs against the US dollar on Monday, following the positive set of economic data, which came out minutes ago from the United Kingdom. GBP/USD hit 1.5245 at 8:45 GMT, currently the session high, after which consolidation followed at 1.5238. The cross gained 0.17% for the day. Support was expected at current […]
Read moreJuly 1, 2013 8:37 am
US dollar climbed to 3.5-week highs against the Japanese yen on Monday, supported by expectations that FED will take action, regarding its Quantitative Easing. USD/JPY hit a session high at 99.72 at 7:32 GMT, pairs highest point since June 5th, after which consolidation followed at 99.58. The cross added 0.37% for the day. Support was […]
Read moreJuly 1, 2013 7:23 am
New Zealand dollar traded higher against its US counterpart on Monday, but it was put under pressure following the release of mixed Chinese PMI data and the ongoing expectation, that the Federal Reserve will start to unwind its monthly bond purchases by the end of this year. NZD/USD pair reached a session high at 0.7785 […]
Read moreJuly 1, 2013 7:01 am
Euro moved higher against the US dollar on Monday, but gains seemed capped on expectations that FED will start to unwind monthly asset purchases and also on Chinese PMI data. EUR/USD pair hit a session high at 1.3035 at 6:24 GMT, after which consolidation followed at 1.3030. The cross was up by 0.16% for the […]
Read moreJuly 1, 2013 6:37 am
Australian dollar recorded gains against its US counterpart on Monday, following the release of Chinese PMI for June. AUD/USD rose to 0.9200 at 6:19 GMT, after dipping to 0.9112 on Friday, the lowest point since September 8th 2010. Support was expected at June 28th low, 0.9112, while resistance was to be encountered at June 23rd […]
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