October 21, 2013 11:30 am
British pound was trading little changed against the US dollar on Monday, amid prospects of a potential delay of Federal Reserves monetary stimulus scale back, which was still causing pressure upon the greenback. GBP/USD hit a session high at 1.6181 at 7:50 GMT, after which consolidation followed at 1.6165, dipping a mere 0.01% for the […]
Read moreOctober 21, 2013 9:11 am
Australian dollar was trading steadily in proximity to its highest level in four months against the greenback on Monday, as expectations arose that the Federal Reserve Bank may delay the reduction of its monetary stimulus after the partial government shutdown. AUD/USD touched a session high at 0.9679 at 4:45 GMT, also the pairs highest point […]
Read moreOctober 21, 2013 8:26 am
The euro traded steadily and in proximity to its highest point in eight months against the US dollar on Monday, as expectations mounted that the Federal Reserve Bank may postpone the reduction of monetary stimulus after the partial government shutdown. EUR/USD touched a session high at 1.3688 during the early phase of Asian trade, after […]
Read moreOctober 21, 2013 7:29 am
US dollar gained ground against the Japanese yen on Monday, following the release of Japanese trade balance data, which revealed that export growth slowed, while Bank of Japan Governor Haruhiko Kuroda pledged to maintain stimulus in order to achieve steady inflation. USD/JPY reached a session high at 98.13 at 6:20 GMT, after which consolidation followed […]
Read moreOctober 20, 2013 10:54 am
US dollar ended the week on negative territory against the Japanese yen on trading Friday, as concerns appeared that the 16-day partial shutdown in the United States might probably urge the Federal Reserve Bank to delay its plans of scaling back the monthly pace of its stimulus program. USD/JPY closed at 97.78 on Friday, losing […]
Read moreOctober 19, 2013 2:28 pm
US dollar was trading with a slight change against its Canadian counterpart during the late phase of US trade on Friday, while the pair closed on negative territory, as markets were strongly influenced by concerns that the 16-day government shutdown in the United States could have probably led to a slow down in worlds largest […]
Read moreOctober 18, 2013 9:48 am
British pound edged higher against the US dollar on Friday, poised for weekly gains, as market players were betting that the US debt-limit debates will urge the Federal Reserve Bank to leave the monthly pace of its monetary stimulus unchanged, while this weighed on the greenback. GBP/USD rose to a session high at 1.6194 at […]
Read moreOctober 18, 2013 8:45 am
New Zealand dollar traded steadily against its US rival on Friday, following the release of mixed economic data out of China. NZD/USD rose to a session high at 0.8487 at 6:25 GMT, after which consolidation followed at 0.8478, dipping 0.09% for the day. Support was likely to be found at October 15th low, 0.8358, while […]
Read moreOctober 18, 2013 7:53 am
The euro rallied to its highest point in 7.5 months against the US dollar on Friday on bets that disruption caused by the US debt-limit debate will dampen economic growth and urge the Federal Reserve Bank to put its intentions to taper stimulus on hold. EUR/USD touched a session high at 1.3692 at 6:50 GMT, […]
Read moreOctober 18, 2013 7:04 am
Australian dollar was trading steadily against the US counterpart on Friday, poised for the largest weekly gain in a month, following the release of a series of crucial economic data out of China, while expectations appeared that the Federal Reserve Bank may probably delay the reduction of scale of its monetary stimulus. AUD/USD touched a […]
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