November 14, 2013 12:09 pm
Having fallen to daily lows earlier on Thursday, British pound pared losses against the US dollar, as it became clear that retail sales in the United Kingdom unexpectedly dropped in October, which suggested that recovery was still insecure. GBP/USD fell to a session low at 1.5989 at 9:35 GMT, after which consolidation followed at 1.6013, […]
Read moreNovember 14, 2013 10:04 am
New Zealand dollar edged lower against its US counterpart on trading Thursday, as retail sales in New Zealand missed forecasts, while speculation over the timing of a possible scale back of Federal Reserve Banks monetary stimulus continued to influence sentiment. NZD/USD fell to a session low at 0.8254 at 8:30 GMT, after which consolidation followed […]
Read moreNovember 14, 2013 8:57 am
The euro distanced from earlier highs against the US dollar on trading Thursday, after it became clear that French economy shrank and German economy decelerated its pace during the third quarter of the year. Having climbed to as high as 1.3495 at 0:15 GMT on Thursday, EUR/USD cross slipped lower to trade at 1.3465 at […]
Read moreNovember 14, 2013 8:03 am
US dollar traded higher against the Japanese yen on Thursday, after a report revealed that Japanese economic growth slowed down during the third quarter of the year, which suggested that the current scale of monetary stimulus may be kept or even may be increased. USD/JPY reached a session high at 99.81 at 8:00 GMT, after […]
Read moreNovember 13, 2013 12:58 pm
The euro traded lower against the US dollar on Wednesday, after a report showed that industrial output in the Euro zone contracted more than initially estimated in September, which implied that economic recovery in the region continued to stall. EUR/USD slipped to a session low at 1.3409 at 10:45 GMT, after which consolidation followed at […]
Read moreNovember 13, 2013 10:23 am
British pound managed to regain ground and rose to daily highs against the US dollar on Wednesday, as the number of jobless claims in the United Kingdom was reported to have dropped more than projected in October, while the rate of unemployment in the country fell to over four-year lows. Having fallen to daily lows […]
Read moreNovember 13, 2013 9:46 am
New Zealand dollar traded little changed against its US rival on Wednesday, after having distanced from eight-week lows earlier, after Reserve Bank of New Zealand Governor Graeme Wheeler said that the kiwi dollar could appreciate once the central bank begins raising borrowing costs next year. NZD/USD rallied to a session high at 0.8239 at 2:00 […]
Read moreNovember 13, 2013 9:00 am
US dollar traded little changed and in proximity to highs unseen in eight weeks against the Japanese yen on Wednesday, as speculation mounted that the Federal Reserve Bank will consider a scale back of its stimulus early next year, while Japanese machine orders dropped more than initially projected in September. Having reached its highest point […]
Read moreNovember 13, 2013 8:05 am
Australian dollar traded little changed and in proximity to eight-week lows against its US counterpart on Wednesday, as speculation over the timing of a possible stimulus scale back by the Federal Reserve continued to persist, while in Australia the wage cost index climbed at the slowest pace since the beginning of record back in 1997. […]
Read moreNovember 12, 2013 4:02 pm
US dollar edged up against its Canadian counterpart and traded in proximity to two-month highs on Tuesday, as speculation continued to persist that recent strong data, released out of the United States, may prompt the Federal Reserve Bank to taper it monthly asset purchases soon. USD/CAD touched a session high at 1.0509 at 11:55 GMT, […]
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