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USD/CAD with advance on US initial jobless claims and ISM manufacturing reports

August 1, 2013 2:39 pm
US dollar gained strength, advancing to session highs against its Canadian counterpart on Thursday, following the release of upbeat initial jobless claims and ISM Manufacturing reports out of the United States. USD/CAD reached the highest point for todays session at 1.0323 at 13:07 GMT, after which consolidation followed at 1.0310. Support for the pair was […] Read more

GBP/USD erased earlier losses after BoE policy decision

August 1, 2013 11:41 am
British pound received support, neutralizing earlier losses against the US dollar, after Bank of England (BoE) left base interest rate and monetary stimulus unchanged at its meeting today. GBP/USD reached a session high at 1.5237 at 11:11 GMT. Support was expected at July 17th low, 1.5079, while resistance was likely to be found at July […] Read more

EUR/USD showed little reaction to mixed PMI, ECB decision in focus

August 1, 2013 9:38 am
The euro reacted slightly against the US dollar on Thursday, following the series of mixed PMI, released out of Euro zones largest economies, while investors eyed the upcoming statement on policy by the European Central Bank. EUR/USD reached a new session low at 1.3227 at 8:26 GMT, after which the pair consolidated at 1.3247, down […] Read more

USD/JPY advanced after FOMC decision

August 1, 2013 8:09 am
US dollar extended gains against the Japanese yen on Thursday, following the FOMC decision to leave current loose monetary policy intact and not giving indications when it considers to begin tapering its asset purchases. USD/JPY climbed to a session high at 98.77 at 7:00 GMT, the highest point since July 26th, after which consolidation followed […] Read more

EUR/USD close to session lows after FOMC decision

August 1, 2013 7:42 am
The euro traded close to session lows against the US dollar on Thursday, after on Wednesday FOMC left its loose monetary policy without change, while investors turned their attention to the policy statement by the European Central Bank, scheduled later today. EUR/USD slid to its lowest point during the current session at 1.3245 at 7:00 […] Read more

AUD/USD trimmed earlier losses on Chinese PMI

August 1, 2013 6:58 am
On Thursday Australian dollar managed to pare losses, registered on Wednesday, against the greenback, but was still on negative territory, after the official report on Chinese Purchasing Managers Index. During earlier Asian session AUD/USD pair fell to a session low at 0.8925, after which consolidation followed at 0.8970. The support level at 0.8999 was obviously […] Read more

USD/CAD advanced on positive series of US data

July 31, 2013 2:52 pm
US dollar gained ground against its Canadian counterpart on Wednesday as well, boosted by a series of upbeat economic indicators out, released of the United States, while markets awaited the FOMC decision on policy. USD/CAD reached a session high at 1.0334 at 12:30 GMT, the highest point since July 23rd, after which consolidation followed at […] Read more

AUD/USD on almost three-year lows after US Employment and GDP reports

July 31, 2013 2:13 pm
Australian dollar plunged to its lowest point in almost three years against the US dollar on Wednesday, following the release of upbeat Employment and Gross Domestic Product reports out of the United States. AUD/USD collapsed to a session low at 0.8946 at 12:31 GMT, a level unseen since September 2010, after which consolidation followed at […] Read more

EUR/USD in steady trade after Euro zone economic reports

July 31, 2013 12:15 pm
The euro traded steadily against the US dollar during late European session on Wednesday, following the reports on inflation and unemployment in the Euro zone, as markets awaited Federal Reserves policy statement later in the day. EUR/USD slipped to a session low at 1.3248 at 10:40 GMT, after which the pair consolidated at 1.3259, down […] Read more

USD/CHF on over one-month lows

July 31, 2013 11:48 am
US dollar tumbled to more than one-month lows against the Swiss franc on Wednesday, as the Swissie found support after the release of positive data out of Switzerland, regarding the KOF Leading Indicator. USD/CHF fell to 0.9252 at 8:38 GMT, the lowest point since June 21st, after which consolidation followed at 0.9270. The pair was […] Read more