November 5, 2013 9:09 am
New Zealand dollar traded little changed against its US counterpart on Tuesday, as market players awaited the report on employment in New Zealand due out later in the day, while at the same time, Federal Reserve Bank officials fueled speculation that a near-term scale back of Feds stimulus program was not likely. NZD/USD fell to […]
Read moreNovember 5, 2013 7:52 am
Australian dollar traded lower against its US counterpart on Tuesday, following Reserve Bank of Australias decision to keep its benchmark rate unchanged at the current record low level, while banks Governor Glenn Stevens said that the national currency was “uncomfortably high”. AUD/USD touched a session low at 0.9464 at 3:50 GMT, after which consolidation followed […]
Read moreNovember 4, 2013 3:46 pm
US dollar traded lower against its Canadian counterpart on Monday, after the release of Septembers report on factory orders out of the United States, while at the same time, Canadian currency was underpinned alongside other commodity currencies such as the Aussie. USD/CAD touched a session low at 1.0398 at 12:15 GMT, after which consolidation followed […]
Read moreNovember 4, 2013 12:57 pm
British pound reached a session high against the US dollar on Monday, recovering from two-week lows, after an official report showed that activity in the sector of construction in the United Kingdom expanded at the fastest pace in six years in October. GBP/USD touched a session high at 1.5972 at 11:00 GMT, after which consolidation […]
Read moreNovember 4, 2013 10:21 am
The euro managed to erase earlier losses and climbed to a session high against the US dollar on Monday, as the final value of the manufacturing PMI in the Euro zone for October coincided with the preliminary data and investor confidence in the region rose. Having fallen to six-week lows earlier at 1.3442, the pairs […]
Read moreNovember 4, 2013 8:59 am
New Zealand dollar rose to session highs against its US peer on Monday, but gains seemed to remain limited due to expectations that the Federal Reserve Bank may begin paring back its asset purchases sooner than projected. NZD/USD reached a session high at 0.8299 at 7:20 GMT, after which consolidation followed at 0.8290, gaining 0.38% […]
Read moreNovember 4, 2013 7:52 am
Australian dollar climbed to session highs against its US rival on Monday, following the release of an encouraging string of economic data out of Australia and amid prospects that the Reserve Bank of Australia will not consider a rate cut at its policy meeting tomorrow. AUD/USD reached a session high at 0.9499 at 6:05 GMT, […]
Read moreNovember 3, 2013 12:55 pm
US dollar climbed to its highest point in two weeks against the Japanese yen on trading Friday, as the ISM manufacturing activity index for the United States demonstrated an unexpectedly strong performance in October, giving strength to expectations that the Federal Reserve Bank may consider a scale back of its monthly stimulus sooner than anticipated. […]
Read moreNovember 2, 2013 2:57 pm
The euro traded in proximity to two-week lows against the US dollar during late phase of US session, after the Institute for Supply Management (ISM) reported that its index of manufacturing activity climbed to the highest level since April 2011, while the euro was still pressured by prospects of a potential rate cut by the […]
Read moreNovember 1, 2013 2:54 pm
US dollar climbed to session highs against its US rival on trading Friday, as the Institute for Supply Management (ISM) reported that its index of manufacturing activity climbed to the highest level since April 2011. USD/CAD reached a session high at 1.0454 at 13:19 GMT, after which consolidation followed at 1.0450, gaining 0.18% for the […]
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