October 25, 2013 6:49 am
US dollar slid to its lowest point in two weeks against the Japanese yen before the release of the University of Michigan consumer confidence report, which is expected to show the corresponding index fell to its lowest level since January in October. USD/JPY fell to a session low at 96.94 at 4:30 GMT, also the […]
Read moreOctober 24, 2013 1:33 pm
US dollar rose to its highest point in two weeks against the Canadian counterpart on Thursday, following the release of the weekly report on initial jobless claims and the trade balance data out of the United States, while the Royal Bank of Canada stressed on the need for future raise in the interest rates, something […]
Read moreOctober 24, 2013 12:05 pm
US dollar fell to its lowest point in over 2.5 years against the Swiss franc on Thursday, as speculation that the Federal Reserve will put off plans to taper its monetary stimulus was still causing pressure on the greenback. USD/CHF plunged to a session low at 0.8903 at 10:15 GMT, also the pairs lowest point […]
Read moreOctober 24, 2013 9:40 am
The euro trimmed suddenly earlier gains against the US dollar on Thursday, following the overall weaker than projected data on activity in manufacturing and services sectors in Euro regions first two largest economies. Having reached a fresh 23-month high previously, EUR/USD cross fell sharply to a session low at 1.3764 at 8:05 GMT, after which […]
Read moreOctober 24, 2013 8:31 am
US dollar was trading steadily against the Japanese yen on Thursday, after a report said that Chinese manufacturing PMI climbed at the fastest pace in seven months in October, which dimmed demand for safe haven currencies, such as the yen. USD/JPY reached a session high at 97.61 at 5:50 GMT, after which consolidation followed at […]
Read moreOctober 24, 2013 7:32 am
The euro soared to a new 23-month high against the US dollar on Thursday, as signs that US growth might have been shaved by the partial government shutdown, bolstered speculation that the Federal Reserve Bank may postpone the scaling back of its monetary stimulus until 2014. EUR/USD hit a session high at 1.3822 at 6:30 […]
Read moreOctober 24, 2013 6:51 am
New Zealand dollar gained ground against its US counterpart on Thursday, as New Zealands trade deficit contracted more than projected in September, while the HSBC flash PMI for China rose to a seven-month high in October. NZD/USD climbed to a session high at 0.8446 at 2:15 GMT, after which consolidation followed at 0.8425, gaining 0.39% […]
Read moreOctober 23, 2013 2:36 pm
US dollar climbed to its highest point in one week against the Canadian counterpart on Wednesday, following Royal Bank of Canadas interest rate decision, while speculation that global growth may slow in case Chinese central bank tightens monetary policy dampened demand for the loonie. USD/CAD rose to a session high at 1.0379 at 14:07 GMT, […]
Read moreOctober 23, 2013 9:54 am
British pound continued trading lower against the US dollar on Wednesday, as traders secured their profits after yesterdays rally, while the minutes of Bank of Englands (BoE) policy meeting in October said that unemployment rate in the United Kingdom was decreasing at a faster pace than anticipated. GBP/USD fell to a session low at 1.6137 […]
Read moreOctober 23, 2013 8:42 am
Australian dollar came off its highest level in five months against the greenback on Wednesday, as market players locked in their profits after the disappointing US non-farm payrolls report. AUD/USD slid to a session low at 0.9632 at 5:25 GMT, after which consolidation followed at 0.9640, plunging 0.72% for the day. Support was likely to […]
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