November 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 […]
Read moreNovember 8, 2013 2:24 pm
The euro dropped to fresh daily lows against the US dollar on Friday, as private sector in the United States added almost twice more job positions than expected in October, which boosted speculation that the Federal Reserve Bank may consider tapering its quantitative easing soon. EUR/USD reached a session low at 1.3358 at 13:30 GMT, […]
Read moreNovember 8, 2013 12:34 pm
British pound traded lower against the US dollar on Friday, after a report showed that the deficit on United Kingdoms trade balance widened unexpectedly in September, as concerns arose that this larger deficit could have a negative impact on growth during the third quarter. GBP/USD slipped to a session low at 1.6060 at 9:50 GMT, […]
Read moreNovember 8, 2013 10:25 am
New Zealand dollar traded higher against its US counterpart on Friday, after a report showed Chinese exports rose at a faster than projected pace in October, following the surprising decline a month ago. NZD/USD climbed to a session high at 0.8350 at 7:40 GMT, after which consolidation followed at 0.8330, rising 0.07% for the day. […]
Read moreNovember 8, 2013 9:30 am
The euro traded lower against the US dollar on Friday, heading for its largest two-week drop in over 1 year, as Standard & Poor’s revised down Frances long-term credit rating, which boosted the pressure upon the single currency, especially after yesterdays rate decision by the European Central Bank. EUR/USD slipped to a session low at […]
Read moreNovember 8, 2013 8:25 am
Australian dollar traded higher against its US counterpart on Friday after better than projected import data out of China neutralized the influence of the revised downward growth forecasts by Reserve Bank of Australia (RBA). AUD/USD touched a session high at 0.9480 at 2:37 GMT, after which consolidation followed at 0.9470, rising 0.17% for the day. […]
Read moreNovember 7, 2013 1:30 pm
The euro plunged sharply against the US dollar, the British pound and the Japanese yen on Thursday, after the European Central Bank unexpectedly reduced the benchmark interest rate to a new record low level, as the recent drop in inflation rate in the Euro zone to the slowest in four years posed a threat to […]
Read moreNovember 7, 2013 12:54 pm
British pound fell to daily lows against the US dollar on Thursday, after Bank of England maintained the current course of its monetary policy at todays meeting. GBP/USD slipped to its lowest point today at 1.6056 at 12:00 GMT, after which consolidation followed at 1.6067, losing 0.06% for the day. Support was likely to be […]
Read moreNovember 7, 2013 10:03 am
New Zealand dollar traded little changed against its US rival on Thursday, as markets awaited the release of the preliminary value of US Gross Domestic Product for Q3 later in the day. NZD/USD touched a session high at 0.8386 at 8:22 GMT, after which consolidation followed at 0.8377, dipping a mere 0.01% for the day. […]
Read moreNovember 7, 2013 9:00 am
The euro traded steadily against the US dollar on Thursday ahead of European Central Bank (ECB) policy decision due later in the day, after yesterdays upbeat German factory orders provided support for the common currency. EUR/USD reached a session high at 1.3529 at 6:00 GMT, after which consolidation followed at 1.3517, gaining a mere 0.02% […]
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