November 27, 2013 3:00 pm
US dollar rose to highs unseen in five months against its Canadian counterpart on Wednesday, as the number of initial jobless claims in the United States fell last week and overall durable goods orders decreased in October, while prices of crude oil, Canadas largest export, declined for a fourth day in a row, additionally pressuring […]
Read moreNovember 27, 2013 1:06 pm
New Zealand dollar edged lower against its US counterpart on Wednesday, as markets awaited the release of the last string of economic data scheduled for this week out of the United States. NZD/USD fell to a daily low at 0.8169 at 1:44 GMT, after which consolidation followed at 0.8181, losing 0.16% for the day. Support […]
Read moreNovember 27, 2013 9:49 am
The euro advanced to highs unseen in one month against the US dollar on Wednesday, drawing support by a Gfk survey on consumer confidence in Germany and as policymakers in Euro zones largest economy reached an accord to form a coalition government. EUR/USD climbed to a new daily high at 1.3613 at 9:40 GMT, also […]
Read moreNovember 27, 2013 8:23 am
Having slipped to almost three-month lows earlier, the Australian dollar regained some ground to trade little changed against its US counterpart on Wednesday, following a report, which showed residential construction continued lagging during the third quarter of the year, while overall construction work done surpassed preliminary estimates. AUD/USD touched a daily low at 0.9100 at […]
Read moreNovember 26, 2013 3:12 pm
Having touched daily lows earlier, US dollar regained some ground against its Canadian counterpart on Tuesday, following the release of positive housing data out of the United States. USD/CAD touched a session high at 1.0554 at 14:30 GMT, after which consolidation followed at 1.0550, gaining 0.07% for the day. Support was likely to be received […]
Read moreNovember 26, 2013 1:15 pm
British pound trimmed its daily advance against the US dollar, following Bank of England (BoE) Governor Mark Carneys testimony before the Treasury Committee, where he said that an unemployment rate of 7% was a threshold for a rate hike. GBP/USD reached a session high at 1.6194 at 8:50 GMT, after which consolidation followed at 1.6175, […]
Read moreNovember 26, 2013 9:40 am
Australian dollar snapped a four-day loss against its US counterpart on Tuesday, after Reserve Bank of Australias Deputy Governor Philip Lowe cooled recent speculation that the bank was close to intervention in the currency market, as the bar for such a move was high. AUD/USD touched a session high at 0.9204 at 7:40 GMT, after […]
Read moreNovember 26, 2013 8:13 am
US dollar snapped a three-day advance against the Japanese yen on Tuesday, after the minutes of Bank of Japans (BoJ) most recent policy meeting revealed that some policymakers saw greater downside risks to nations economy, while the majority saw a balanced risk. USD/JPY fell to a daily low at 101.34 at 0:20 GMT, after which […]
Read moreNovember 25, 2013 3:23 pm
US dollar preserved gains against its Canadian counterpart on Monday, despite the index of pending home sales in the United States dropped in October, while crude oil futures plunged after a deal on Iranian nuclear program has been struck, which pressured demand for the Canadian currency. Having touched its highest point since July 8th at […]
Read moreNovember 25, 2013 1:16 pm
The euro fell sharply to daily lows against the US dollar on Monday, after European Central Bank board member and Bank of Estonia Governor Ardo Hansson said that the central bank does not rule out the possibility of a new rate cut. EUR/USD touched a session low at 1.3508 at 10:25 GMT, after which consolidation […]
Read more
