November 12, 2013 3:19 pm
The euro managed to distance from earlier lows against the US dollar on Tuesday, but gains seemed to remain capped, as weak inflation data, released out of Germany today, still weighed on demand for the common currency. Having fallen to as low as 1.3359 at 9:35 GMT, EUR/USD reached a session high at 1.3446 at […]
Read moreNovember 12, 2013 10:23 am
British pound plunged to its lowest point in two months against the US dollar on Tuesday, as a report showed that annual consumer inflation in the United Kingdom decelerated more than projected in October, marking the lowest level in over a year. GBP/USD fell steeply to a session low at 1.5854 at 9:32 GMT, also […]
Read moreNovember 12, 2013 9:35 am
The euro edged lower against the US dollar on Tuesday, as the greenback remained supported by the upbeat US data, released at the end of last week, which boosted the view of a possible sooner than projected scale back of Federal Reserve Banks quantitative easing. EUR/USD slipped to a session low at 1.3372 at 8:40 […]
Read moreNovember 12, 2013 8:43 am
US dollar climbed to its highest point in eight weeks against the Japanese yen on Tuesday, as the gap between yields on Japanese and US 30-year bonds increased the most since 2011, after most recent economic data, released out of the United States, implied signs of stabilization in the country. USD/JPY touched a session high […]
Read moreNovember 12, 2013 7:44 am
Australian dollar traded lower and in proximity to six-week lows against its US counterpart on Tuesday, after the National Australia Banks (NAB) survey on business confidence for October revealed that a persistently expensive national currency is obstructing business projects. AUD/USD reached a session low at 0.9326 at 7:05 GMT, after which consolidation followed at 0.9331, […]
Read moreNovember 11, 2013 3:08 pm
US dollar was little changed and in proximity to two-month highs against its Canadian counterpart during the thin trade on Monday, as US and Canadian economic reports, released on Friday, bolstered bets that economy of the North American region may outperform the rest of the world. USD/CAD touched a session high at 1.0487 during the […]
Read moreNovember 11, 2013 2:18 pm
US dollar traded little changed against the Japanese yen on Monday, as Japanese current account surplus widened more than expected in September and investment income overseas increased in value due to weaker yen. USD/JPY slipped to a session low at 98.92 at 7:00 GMT, after which consolidation followed at 99.18, gaining 0.10% for the day. […]
Read moreNovember 11, 2013 12:50 pm
Australian dollar traded lower against its US counterpart on Monday, nearing the lowest point in five weeks, despite the upbeat industrial production data out of China released during the weekend while Australian home lending increased in September, as the prospects of a sooner than projected scale back of Feds quantitative easing were still providing support […]
Read moreNovember 10, 2013 12:58 pm
US dollar demostrated a strong rally against the Japanese yen on trading Friday, supported by the unexpected increase in US non-farm payrolls during October, which also boosted speculation that the Federal Reserve Bank may consider a scale back of its stimulus program sooner than expected. USD/JPY closed at 99.09 on Friday, soaring 1.01% on a […]
Read moreNovember 9, 2013 11:54 am
US dollar traded higher and in proximity to two-month highs during the late phase of US session, following the upbeat non-farm payrolls report out of the United States and another better than projected employment report out of Canada for October, but however, US consumer confidence was reported to have dropped unexpextedly in November. Having touched […]
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