May 20, 2013 10:15 am
USD/CHF pair lowered during Monday trade session, as investors preferred to take their profits, after the expansion the US dollar had shown recently and in expectation of short-term exit of FEDs easing program. The cross stood at 0.9676 during this mornings session in Europe, which was the lowest value for the session. Support levels were […]
Read moreMay 20, 2013 9:03 am
It was reported earlier that Italys Industrial Orders registered a rise by 1.6% during March, compared to preceding month, which turned out to be for the first time for the last five months. Foreign orders increased by 3.6% monthly, while domestic ones rose by seasonally adjusted 0.2%. Official data showed that Industrial Orders declined by […]
Read moreMay 20, 2013 8:43 am
Ernst & Young gave a warning on Monday, that inflation rate in United Kingdom could climb during summer period and remain above the targeted level of 2% in foreseeable perspective. An economic forecasting group, the ITEM club, announced that high inflation could remain a permanent fixture of countrys economy. According to clubs report, consumer price […]
Read moreMay 20, 2013 7:56 am
British pound gained ground versus US dollar during Monday trading session, after official report stated that real estate sellers in United Kingdom increased asking prices during May for fifth month in a row. House price index rose by 2.1% during May, compared to previous month to an average 249 841 British pounds or about 380 […]
Read moreMay 20, 2013 7:27 am
Japanese yen moved upwards against most of the major currencies after Japanese Economy Minister Akira Amari stated that further currency losses would have a potential negative effect on households. Bloomberg reported, that yen currency jumped off from more than four year low versus US dollar, after Akira Amari expressed his concerns about a speculation, that […]
Read moreMay 17, 2013 5:01 pm
GBP/USD pair registered a sharp decline to six week low versus US dollar through the course of Friday trade session, after the release of strong US data. The positive signals encouraged expectations of a possible near-term exit of the FEDs stimulus program and sent US dollar up against most major currencies. GBP/USD fell to 1.5160, […]
Read moreMay 17, 2013 2:43 pm
Leading Indicators Index in United States, which was published earlier today, rose by a greater than expected rate during April. The index showed an increase in value to 0.6%, while expectations were for a 0.2% rise. During the previous period the indicator marked a 0.2% slow down. Experts from Conference Board, the group, which evaluates […]
Read moreMay 17, 2013 1:52 pm
The euro currency sunk to 1 year low versus the US dollar at 1.2815, after Benoit Coeure, European Central Bank board member, confirmed that the bank was on a research for further strengthening of the real economy lending, especially the Small and Medium Enterprises (SME) sector. It was reported that probably ECB would stick to […]
Read moreMay 17, 2013 12:57 pm
US dollar expanded its positions against Canadian dollar during Friday trade session, after a series of crucial data for Canadas economic activity was released. The pair rose to 1.0309, Friday session high value, from trading in the 1.0264-84 zone. USD/CAD was expected to meet resistance at 1.3000-1.3032, while the support levels were at 1.0215-1.0200. Minutes […]
Read moreMay 17, 2013 10:00 am
Earlier today was reported, that construction sector in the single currency zone continued to contract for the fifth month in a row. It turned out to be the most prolonged decline in economic activity in the region since World War II. Published official data showed, that Construction Output sunk by 1.7% during March, deepening compared […]
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