Currency News

USD/JPY falls on safe haven demand for the yen

US dollar was losing ground against the Japanese yen on Wednesday, after the weaker than expected data on US non-farm payrolls triggered safe haven demand for the Japanese currency. USD/JPY reached a session low at 97.27 at 4:30 GMT, also the pairs lowest point since October 6th, after which consolidation followed at 97.39, falling 0.77% […] Read more

EUR/USD rallies to 23-month highs as NFP misses forecasts

The euro soared to its highest level in 23 months against the US dollar on Tuesday, after a report showed that US private sector added fewer than anticipated jobs in September, fueling speculations that the Federal Reserve might be urged to postpone its stimulus scale back. EUR/USD rose sharply to a session high at 1.3748 […] Read more

USD/CAD falls to session lows after weaker than projected NFP

US dollar slid to a session low against its Canadian counterpart on Tuesday, as the US private sector added fewer than expected jobs in September, which boosted speculations that the Federal Reserve Bank will probably keep the current pace of its stimulus program. USD/CAD reached a session low at 1.0283 at 12:30 GMT, after which […] Read more

USD/CHF edges higher, but gains capped before NFP

US dollar edged higher against the Swiss franc on Tuesday, but gains were likely to remain limited, as market players used caution positioning themselves in the market ahead of the keenly anticipated US non-farm payrolls data. USD/CHF hit a session high at 0.9040 at 9:20 GMT, after which consolidation followed at 0.9036, rising 0.17% for […] Read more

USD/JPY edges higher, US jobs report ahead

US dollar edged higher against the Japanese yen on Tuesday amid optimism that the upcoming report on US non-farm payrolls will probably show private sector added more job positions in September in comparison with a month ago. USD/JPY touched a session high at 98.36 at 4:00 GMT, after which consolidation followed at 98.31, gaining 0.14% […] Read more

EUR/USD trades steadily, close to eight-month highs

The euro was trading steadily and in proximity to its highest point in eight months against the US dollar on Tuesday, as markets expected the September report on US non-farm payrolls, which has initially been scheduled for release on October 4th. EUR/USD touched a session high at 1.3681 during the early phase of Asian trade, […] Read more

NZD/USD little changed ahead of US non-farm payrolls report

New Zealand dollar was trading little changed against its US counterpart on Tuesday, as markets awaited the crucial September report on the change in non-farm payrolls, scheduled for release out of the United States later in the day. Having slipped to a session low at 0.8439 at 4:15 GMT, NZD/USD cross consolidated at 0.8453, marking […] Read more

USD/CAD little changed after US existing home sales report

US dollar was trading little changed against its Canadian counterpart during early US trade on Monday, after the release of the existing home sales report out of the United States and ahead of the September non-farm payrolls data, scheduled for release tomorrow. USD/CAD hit a session high at 1.0304 at 12:55 GMT, after which consolidation […] Read more

GBP/USD with a slight change on Fed stimulus outlook

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 more

AUD/USD trades steadily, close to four-month highs on Federal Reserve stimulus concerns

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 more