February 3, 2014 7:59 am
Australian dollar preserved daily gains against its US counterpart on Monday, after an official report said that manufacturing activity in China, Australias largest export market, increased in January. AUD/USD touched a session high at 0.8772 at 1:15 GMT, after which consolidation followed at 0.8760, gaining 0.09% for the day. Support was likely to be received […]
Read moreFebruary 2, 2014 9:03 am
US dollar traded higher against the Swiss franc on Friday, following a set of overall positive data from the United States, while the Federal Reserve Bank continued with its plans to reduce the scale of monthly monetary stimulus. USD/CHF touched a session high at 0.9080 at 20:00 GMT, or the highest point since January 23rd, […]
Read moreFebruary 1, 2014 9:51 am
Australian dollar managed to distance from lows unseen in 3.5 years, but still remained lower against its US rival during the late phase of US session on Friday, following a set of overall positive data from the United States. AUD/USD plunged to a daily low at 0.8694 at 13:45 GMT, after which the pair closed […]
Read moreJanuary 31, 2014 7:56 am
Australian dollar trimmed its advance against its US counterpart on Friday, but was still poised to register its first weekly gain in the past three weeks ahead of Reserve Bank of Australias meeting on policy next week. AUD/USD slid to a session low at 0.8753 at 5:15 GMT, after which consolidation followed at 0.8765, losing […]
Read moreJanuary 30, 2014 8:33 am
Australian dollar fell to lows unseen in 3.5 years against its US rival on Thursday, after the Federal Reserve Bank decided to pare back its monthly monetary stimulus at its policy meeting yesterday in line with expectations. AUD/USD touched a daily low at 0.8711 at 1:45 GMT, also the pairs lowest point since July 20th […]
Read moreJanuary 27, 2014 9:09 am
Australian dollar distanced from lows unseen in 3.5 years against its US rival on Monday, following the large-scaled sell-off in emerging market shares and currencies on Friday. AUD/USD touched a daily high at 0.8737 at 7:10 GMT, after which consolidation followed at 0.8716, still gaining 0.37% for the day. Support was likely to be received […]
Read moreJanuary 26, 2014 12:55 pm
US dollar slumped to lows unseen in three weeks against the Swiss franc on Friday, as demand for safe haven franc received a boost due to deepening selloff in emerging-market currencies. Having fallen to its lowest point since December 31st at 0.8904 at 11:30 GMT on Friday, USD/CHF ended the week at 0.8944, losing 0.32% […]
Read moreJanuary 25, 2014 4:25 pm
Australian dollar continued to lose ground against its US counterpart during the late phase of US trade on Friday, after Reserve Bank of Australia (RBA) board member Heather Ridout said an exchange rate for the Aussie around 80 U.S. cents would be a fair deal for everybody, including export and import-oriented companies. At the same […]
Read moreJanuary 24, 2014 8:25 am
Australian dollar fell below 87 U.S. cents for the first time since July 2010, after according to the Wall Street Journal, Reserve Bank of Australia (RBA) board member Heather Ridout said an exchange rate for the Aussie around 80 U.S. cents would be a fair deal for everybody, including export and import-oriented companies. At the […]
Read moreJanuary 23, 2014 8:01 am
Australian dollar retreated against its US counterpart on Thursday, following a report which showed the preliminary reading of manufacturing Purchasing Managers Index (PMI) for China fell below the key level of 50.0 in January, separating contraction from expansion. AUD/USD fell to a session low at 0.8788 at 4:00 GMT, after which consolidation followed at 0.8802, […]
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