June 13, 2013 9:27 am
The sterling traded steadily near four-month high against the US dollar on Thursday, as uncertainty over the future of central bank stimulus programs caused greenbacks decline on a wide scale. GBP/USD hit 1.5703 during European morning trade, highest value since February 11th, after which consolidation followed at 1.5662. The pair was down by a mere […]
Read moreJune 13, 2013 8:06 am
On Thursday the US dollar declined to two-and-a-half month low against the Japanese yen, as wide-spread risk aversion appeared and safe haven in yen was bolstered. Minutes ago, USD/JPY hit the session low at 93.77, the lowest value since April 4th, after which consolidation followed at 94.00. The cross was more than 2% down for […]
Read moreJune 13, 2013 7:54 am
On Thursday the euro advanced to four-month highs versus the US dollar, as the greenbacks weakness against the Japanese yen caused dollars decline versus other major peers. EUR/USD hit a session high at 1.3391 during the later hours of Asian trade, highest value since February 20th, after which consolidation followed at 1.3355. Support was expected […]
Read moreJune 13, 2013 6:52 am
On Thursday Australian dollar continued to carve its way down against the US dollar despite the decent employment data from Australia. AUD/USD pair fell to a session low at 0.9428 during Asian trade, after which consolidation followed at 0.9461. The cross was down by 0.25% for the day. Support was expected at Tuesdays low, 0.9326, […]
Read moreJune 13, 2013 6:23 am
New Zealand dollar continued its slide against its US counterpart on Thursday after Reserve Bank of New Zealand introduced no change in the base interest rate. NZD/USD pair slid to a session low at 0.7894 during Asian trade, after which consolidation followed at 0.7910. Support was expected at June 10th low, 0.7836, while resistance was […]
Read moreJune 12, 2013 2:30 pm
US dollar tumbled to one-month low against its Canadian counterpart on Wednesday, as market sentiment recovered. Today was the fifth day in a row of gains for the Canadian currency, the longest streak since April. On Tuesday USD/CAD pair was largely sold off after concerns about central banks plans for easing policy. USD/CAD fell to […]
Read moreJune 12, 2013 12:53 pm
US dollar advanced gradually against the Swiss franc on Wednesday, as speculation whether the Federal Reserve Bank will begin to taper asset purchases later this year continued being in markets focus. USD/CHF reached 0.9289 during the later hours of European trade, currently the session high, after which consolidation followed at 0.9278. The cross was up […]
Read moreJune 12, 2013 11:34 am
On Wednesday euro climbed to 3.5-month high against the US dollar at 1.3335, followed by a slip to 1.3285 during European afternoon trade. The pair was 0.21% down for the day. Euro came under pressure as peripheral euro zone bond yields kept their upward movement. Italys borrowing costs rose to the highest level since March […]
Read moreJune 12, 2013 8:50 am
On Wednesday British pound remained mainly higher against the US dollar, while additional support was received by upbeat labour market data from the United Kingdom. GBP/USD hit 1.5682 during European morning trade, currently the session high and highest since February 13th, after which consolidation followed at 1.5670. Support was expected in the 1.5600-1.5635 range, while […]
Read moreJune 12, 2013 7:47 am
New Zealand dollar was higher versus its US counterpart on Wednesday ahead of Reserve Bank of New Zealands statement on monetary policy. NZD/USD pair hit 0.7940 during early European trade, highest since June 7th, after which consolidation followed at 0.7929. Support was expected at June 10th low, 0.7836, while resistance was to be encountered at […]
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