June 20, 2013 1:11 pm
US dollar pulled away from highs against its major peers on Thursday after the official weekly report stated the number of people, who filed for unemployment assistance, jumped to a three-week high during the past week. During European afternoon trade EUR/USD pair increased to 1.3216 at 13:03 GMT, off current session low at 1.3179. USD/JPY […]
Read moreJune 20, 2013 11:44 am
US dollar kept its higher levels against the Swiss franc on Thursday, as the Swiss National Bank left interest rates on hold. USD/CHF pair hit a session high at 0.9359 at 9:48 GMT, which was also the highest value since June 10th, after which consolidation followed at 0.9337. The cross was up by 0.60% for […]
Read moreJune 20, 2013 9:30 am
British pound bounced off session lows versus the expanding US dollar on Thursday, as UK retail sales report stated stronger data in May than preliminary estimates. GBP/USD pair pulled away from 1.5413, currently the session low and lowest value since June 6th, and reached 1.5478 during the late morning phase of European trade. Support was […]
Read moreJune 20, 2013 8:51 am
On Thursday the euro collapsed to a trade days low against the advancing US dollar after the release of the series of PMI indicators from Euro zone countries. EUR/USD pair slid to 1.3208 during European morning trade, currently the session low and lowest value since June 10th, after which consolidation followed at 1.3220. The cross […]
Read moreJune 20, 2013 7:44 am
On Thursday US dollar extended gains versus the Japanese yen from yesterdays trade after FED Chairman Ben Bernanke statement on monetary policy. USD/JPY pair hit 97.97 during the early European trade, currently the session high and highest since June 11th, after which consolidation followed at 97.87. The cross was up by over 1% for the […]
Read moreJune 20, 2013 7:08 am
New Zealand dollar went to lower levels against its US counterpart on Thursday after the release of a disappointing report on NZ Gross Domestic Product. NZD/USD pair fell to 0.7844 during the early phase of European trade. Support level at June 18th low, 0.7949 was breached. Resistance was likely to be met at June 17th […]
Read moreJune 20, 2013 6:35 am
Australian dollar retreated against its US counterpart on Thursday after market players abandoned their concerns about the exit of FEDs stimulus. AUD/USD pair slid to 0.9250 during early European session. Support was expected in the range 0.9225-0.9245, while resistance was to be met at June 18th high, 0.9574. Federal Reserve Bank Chairman Ben Bernanke said […]
Read moreJune 19, 2013 2:50 pm
US dollar traded in a narrow range against its Canadian counterpart on Wednesday, as market players were positioning in expectation of the Federal Reserve’s policy meeting later in the day. USD/CAD pair fell to a session low at 1.0180 during the early phase of US trade, after which consolidation followed at 1.0197. Support was likely […]
Read moreJune 19, 2013 1:19 pm
The sterling advanced against the US dollar on Wednesday, as investors focus was set on the most significant event for today, the outcome of Federal Reserve Banks monthly meeting. GBP/USD pulled back from session low at 1.5602 and reached 1.5670 during European afternoon trade. Support was expected at the current session low, while resistance was […]
Read moreJune 19, 2013 12:45 pm
US dollar declined against most of its major peers on concerns that FED Chairman Ben Bernanke may announce the banks intention to preserve the current level of monthly purchases. The euro rose against the dollar above the psychological level of 1.3400 today, while the Japanese yen rallied. “The market is expecting Bernanke to express some […]
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