Currency News

USD/CHF on session highs ahead of US reports

US dollar edged higher and traded close to session highs against the Swiss franc on Tuesday, as investors were focusing on the US retail sales report later in the day. USD/CHF touched its highest point during the day at 0.9300 at 11:26 GMT, also the highest level since August 6th. Support was likely to be […] Read more

GBP/USD reacted slightly to UK consumer inflation report

British pound showed little reaction against the US dollar on Tuesday, after a report said that consumer inflation in the United Kingdom remained flat in July in consonance with preliminary estimates. GBP/USD touched a session high at 1.5490 at 9:15 GMT, after which consolidation followed at 1.5473, rising by 0.07% daily. Support was expected in […] Read more

NZD/USD lower ahead of US retail sales

New Zealand dollar slid to lower levels against its US counterpart on Tuesday, as market players expected that a positive series of economic indicators out of the United States during the current week would prompt Fed to embark on a pare back of its stimulus. NZD/USD fell to a session low at 0.7979 at 8:14 […] Read more

AUD/USD slightly lower after Australian Business Confidence

Australian dollar was trading with a slight retreat against its US peer on Tuesday, following the release of weak business confidence data out of Australia and in expectation of the crucial retail sales report from the United States. AUD/USD fell to its lowest point on Tuesday at 0.9099 at 0:40 GMT, after which the pair […] Read more

EUR/USD little changed

The euro was trading with insignificant change against the US dollar on Tuesday, while the greenback remained supported on optimism about the series of data, scheduled for release later this week out of the United States. EUR/USD slid from its highest point today at 1.3315, recorded at 6:26 GMT, to trade at 1.3293 at 7:18 […] Read more

USD/JPY remained higher after Japanese Machine Orders

US dollar managed to climb and preserve gains against the Japanese yen on trading Tuesday, following the release of a report on Japanese machine orders earlier today. USD/JPY reached its highest point during the day at 97.55 at 5:22 GMT, after which consolidation followed at 97.40. Support for the pair was expected at June 19th […] Read more

EUR/USD close to session lows, GBP/USD maintained losses also

The euro extended losses against the US dollar, trading in proximity to its lowest point during Monday trade, as the greenback received support on optimism about the series of data, scheduled for release later this week out of the United States. EUR/USD slid to a session low at 1.3278 at 12:21 GMT, the lowest point […] Read more

USD/CAD advanced, US data in focus

US dollar gained ground against its Canadian counterpart on Monday, as market players expected a positive series of economic indicators out of the United States during the current week would prompt Fed to embark on a pare back of its stimulus. USD/CAD reached its highest point today at 1.0314 at 12:13 GMT, after which the […] Read more

USD/CHF climbed higher in light trade

US dollar was trading at higher levels against the Swiss franc on Monday, as the series of US data later in week was eyed amid the continuing lack of clarity over the future of Federal Reserve Bank’s stimulus. USD/CHF reached its highest point during todays session at 0.9274 at 10:02 GMT, the highest level since […] Read more

GBP/USD slid in expectation of US retail sales

On Monday the sterling came off session highs against the US dollar, as market participants remained wary ahead of the US retail sales report, scheduled for release on Tuesday amid the continuing lack of clarity over the future of Federal Reserve Bank’s stimulus. GBP/USD fell from its highest point at 1.5520, registered in early Asian […] Read more