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AUD/USD rallied to its highest point for the day after Chinese PMI

September 2, 2013 6:58 am
Australian dollar soared against its US peer on Monday, following the release of stronger than projected manufacturing PMI data out of China. Having lost 1.35% last week, AUD/USD pair hit a session high at 0.8992 at 6:22 GMT, after which consolidation followed at 0.8985, advancing 0.94% on a daily basis. Support was likely to be […] Read more

USD/CAD close to session highs after Canadian, US data

August 30, 2013 4:35 pm
US dollar traded in proximity to its highest point on Friday against its Canadian peer, following the release of slightly disappointing Canadian GDP data and mixed US data. USD/CAD reached a session high at 1.0560 at 15:38 GMT, after which consolidation followed at 1.0554. Support was likely to be found at August 29th low, 1.0480, […] Read more

EUR/USD little changed ahead of US series of data

August 30, 2013 12:18 pm
The euro remained stable against the US dollar, following the release of the harmonized index of consumer prices and unemployment rate reports out of the Euro zone, while investorsfocus was on the last string of data from the United States, scheduled this week. EUR/USD touched a session high at 1.3251 at 9:10 GMT, after which […] Read more

GBP/USD close to session lows

August 30, 2013 11:27 am
British pound traded close to its lowest point against the US dollar on Friday, as market players awaited the release of US series of data later in the day in expectation that it will reinforce the view of a possible stimulus program scale back by the Federal Reserve Bank soon. GBP/USD fell to a session […] Read more

NZD/USD little changed ahead of US data

August 30, 2013 8:52 am
New Zealand dollar was almost without change versus its US rival on Friday, as yesterdays US GDP report still was providing support to the greenback, while markets awaited the last series of economic data out of the United States, scheduled this week. NZD/USD reached a session high at 0.7795 at 7:02 GMT, while at 8:36 […] Read more

AUD/USD maintained gains after Australian private sector credit data

August 30, 2013 8:23 am
Australian dollar continued trading higher against its US counterpart on Friday, following the release of positive data, regarding private sector financing in Australia. AUD/USD hit a session high at 0.8957 at 7:02 GMT, after which consolidation followed at 0.8940, up by 0.10% for the day. Support for the pair was likely to be received at […] Read more

EUR/USD in steady trade close to two-week lows

August 30, 2013 7:34 am
The euro was trading steadily against the US dollar on Friday in proximity to two-week lows, after Thursdays upbeat GDP data out of the United States was still supporting the greenback and the view of a possible asset purchase scale back by the Federal Reserve soon. EUR/USD touched a session low at 1.3222 at 7:04 […] Read more

USD/JPY slipped lower after the string of Japanese data

August 30, 2013 6:54 am
US dollar edged lower against the Japanese yen on Friday, following the release of series of mixed economic data out of Japan, despite expectations of a possible stimulus tapering by the Federal Reserve Bank. USD/JPY reached its lowest point today at 98.06 at 2:20 GMT, after which consolidation followed at 98.16, down by 0.19% for […] Read more

EUR/USD on session lows after US GDP, initial jobless claims

August 29, 2013 1:21 pm
The euro fell to session lows against the US dollar, following the release of larger than projected GDP growth out of the United States, which suggested that economic recovery was on track. EUR/USD tumbled to its lowest point today at 1.3239 at 12:33 GMT, also the pairs lowest since August 15th, after which consolidation followed […] Read more

USD/CHF advanced ahead of US GDP, focus put on Syria

August 29, 2013 10:49 am
US dollar was trading on higher levels against the Swiss franc on Thursday, as markets awaited the series of economic data out of the United States, while concerns over a possible military intervention by the US and its allies against Syria were still giving strength to safe haven assets, such as the greenback. USD/CHF climbed […] Read more