November 17, 2013 1:24 pm
USD/JPY preserved ground above the 100.00 level on Friday, despite the weak industrial data, released out of the United States, but however, demand for safe haven yen remained under pressure due to expectations that the Federal Reserve will maintain the current monthly pace of its stimulus program probably until early next year. Having reached two-month […]
Read moreNovember 16, 2013 10:41 am
The euro continued trading higher against the US dollar during the late phase of US session on Friday, after a report showed that activity in US industrial sector contracted in October, while Fed Chair-nominee Janet Yellens dovish remarks still weighed on greenbacks demand. Having climbed to fresh daily highs at 1.3505 at 14:16 GMT, EUR/USD […]
Read moreNovember 15, 2013 2:50 pm
US dollar fell to daily lows against its Canadian counterpart on Friday, as the New York index of manufacturing plunged into negative territory this month and US industrial production contracted in October, while the loonie received a boost after Federal Reserve Chair-nominee Janet Yellen indicated that monetary stimulus will remain in place until signs of […]
Read moreNovember 15, 2013 2:12 pm
The euro advanced to daily highs against the US dollar on Friday, after the release of downbeat manufacturing data regarding the New York region, while the upside for the euro may remain restrained, as the annual CPI in the Euro zone slowed down to a four-week low in October. EUR/USD touched a session high at […]
Read moreNovember 15, 2013 12:42 pm
British pound traded slightly higher and headed for a second consecutive weekly gain against the US dollar on Friday before Bank of England publishes the minutes of its most recent meeting on policy next week. GBP/USD reached a session high at 1.6091 at 8:00 GMT, after which consolidation followed at 1.6080, rising 0.09% for the […]
Read moreNovember 15, 2013 10:07 am
Having climbed to daily highs against the US dollar earlier on Friday, due to spurred appetite for riskier assets, as stimulus programs over the globe will likely remain in place, the Aussie subsequently pared its advance. AUD/USD rose to a session high at 0.9352 at 4:00 GMT, after which consolidation followed at 0.9325. Support was […]
Read moreNovember 15, 2013 9:13 am
The euro traded little changed against the US dollar on Friday, as Janet Yellens dovish remarks at a testimony yesterday, provided a boost to riskier assets, but however, euros upside movement seemed to remain restrained, because of the GDP reports, released out of several Euro zone countries on Thursday. EUR/USD slipped to a session low […]
Read moreNovember 15, 2013 8:23 am
USD/JPY continued trading above 100.00 on Friday, as expectations that monetary stimulus programs in the United States, Europe and Japan will remain in place dampened demand for safe haven assets such as the Japanese yen. USD/JPY reached a session high at 100.31 at 1:15 GMT, also the pairs highest point since September 11th, after which […]
Read moreNovember 14, 2013 2:59 pm
US dollar traded in proximity to highs unseen in two months against its Canadian counterpart on Thursday, as US trade balance deficit widened in September, jobless claims fell less than projected, while Septembers trade deficit in Canada contracted considerably. USD/CAD reached a session high at 1.0508 at 11:40 GMT, also the pairs highest point since […]
Read moreNovember 14, 2013 2:24 pm
Having fallen to daily lows earlier, the euro continued trading lower against the US dollar on Thursday, as economic recovery in the Euro zone showed signs of a slowdown during the third quarter of the year, while US trade balance deficit widened in September and initial jobless claims decreased less than projected last week. After […]
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