March 17, 2014 2:04 pm
US dollar managed to trim its daily loss against the Canadian counterpart on Monday, following a report to reveal industrial output in the United States rose the most since last August and exceeded forecasts. USD/CAD reduced its daily loss to 0.26%, trading at 1.1077 at 13:48 GMT. The pair fell to a session low at […]
Read moreMarch 17, 2014 1:19 pm
The euro managed to pare earlier losses against the Canadian dollar on Monday, while the value of Canadas foreign securities purchases was reported below experts expectations in January. EUR/CAD slid to a daily low at 1.5338 at 11:30 GMT. At 13:12 GMT the pair cut its daily loss to 0.39%, trading at 1.5390. Support was […]
Read moreMarch 17, 2014 12:27 pm
The euro was gaining ground against the British pound on trading Monday, despite the annualized harmonized index of consumer prices (HICP) in the Euro zone came in below forecasts during February. EUR/GBP touched a session high at 0.8368 at 12:20 GMT, after which consolidation followed at 0.8364, gaining 0.09% for the day. Support was likely […]
Read moreMarch 17, 2014 10:48 am
The euro traded higher against the Swiss franc on Monday, despite the annualized harmonized index of consumer prices (HICP) in the Euro zone came in below forecasts during February, while Crimean vote weighed on Swiss francs demand. EUR/CHF gained 0.16% today to trade at 1.2155 at 10:31 GMT. The pair touched a session high at […]
Read moreMarch 17, 2014 10:19 am
US dollar touched highs unseen in two weeks against the Russian ruble on Monday, after an unexpected surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. USD/RUB rose to a session high at 36.723 at 8:15 GMT, also the pairs highest point since March 3rd, […]
Read moreMarch 17, 2014 9:57 am
Australian dollar surged against the Japanese yen on trading Monday, after the vote in the Crimean peninsula and while Westpac Banking Corp. reduced its forecast that the Reserve Bank of Australia (RBA) may cut borrowing costs further this year. AUD/JPY touched a session high at 92.44 at 9:05 GMT, after which consolidation followed at 92.34, […]
Read moreMarch 17, 2014 8:54 am
US dollar gained against the Japanese yen on Monday, paring a portion of its last weeks loss, after a surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. Demand for safe haven assets, such as the yen and the Swiss franc seemed to be reduced. […]
Read moreMarch 17, 2014 8:05 am
Australian dollar gained ground against its US counterpart on trading Monday, after the preliminary results from Crimeas referendum, while an expert from Westpac Banking Corp. expected no further cuts in borrowing costs by the Reserve Bank of Australia (RBA) during this year. AUD/USD hit a session high at 0.9063 at 6:05 GMT, after which consolidation […]
Read moreMarch 16, 2014 10:07 am
Emaar Properties PJSC (EMAAR), the company that built the highest skyscraper in the world, announced it projects to raise up to $2.45 billion in a public offering of a 25% stake in shopping malls and retail business. The builder is profiting from tourism and the boom in Dubai’s retail sector, while the number of visitors […]
Read moreMarch 15, 2014 7:43 pm
Australian dollar traded little changed against its US counterpart during the late phase of US session on Friday, as concerns that Chinese economy was slowing down and Crimea tensions urged market players to reduce their possessions of high-yielding assets, while the gauge of consumer confidence by Thomson Reuters and the University of Michigan regarding the […]
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