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EUR/USD showed little reaction to German Gfk Consumer Confidence

July 30, 2013 6:52 am
The euro was little changed against the US dollar on Tuesday, following the release of optimistic consumer confidence report from Germany, while markets remained edgy ahead of the meetings by the European Central Bank and the Federal Reserve. EUR/USD hit a session low at 1.3246 at 3:41 GMT, after which consolidation followed at 1.3256. Support […] Read more

USD/CAD almost unchanged in light trade, close to one-month lows

July 29, 2013 2:50 pm
US dollar remained little changed against its Canadian counterpart on Monday, still near one-month lows, following the third consecutive daily gain of the loonie, because the price of the crude oil, the largest Canadian export, stood above 100 USD per barrel for the 18th day in a row. USD/CAD hit a session low at 1.0264 […] Read more

USD/CHF off session lows

July 29, 2013 1:08 pm
US dollar managed to erase earlier losses against the Swiss franc during the thin trade on Monday, as market participants were looking ahead to the Federal Open Market Committee (FOMC) FED meeting for clues, regarding interest rate decision, scheduled on Wednesday. USD/CHF bounced off a session low and also a one-month low, recorded at 0.9269 […] Read more

GBP/USD higher after UK mortgage approvals, gains limited

July 29, 2013 11:38 am
British pound moved higher against the US dollar on Monday, following the UK mortgage approvals report, but, however, gains seemed limited as wariness dominated market players decisions ahead of the meetings by the European Central Bank and the Federal Reserve. GBP/USD hit the highest point during the current session at 1.5412 at 8:41 GMT, after […] Read more

NZD/USD lower after New Zealand PM John Key said the kiwi was overvalued

July 29, 2013 8:57 am
New Zealand dollar slid lower against its US peer on Monday, after NZ Prime Minister John Key said the national currency was still overvalued. The kiwi dollar lost ground against most of its 16 major peers, reducing its monthly gain of 4.3%. NZD/USD reached a session low at 0.8059 at 7:15 GMT, after which consolidation […] Read more

USD/JPY close to one-month lows

July 29, 2013 8:13 am
US dollar tumbled to almost one-month lows against the Japanese yen on Monday, as the greenback was put under pressure ahead of Federal Reserves policy meeting, starting tomorrow, while uncertainty over the central banks Quantitative Easing was growing. USD/JPY fell to its lowest point during the current session at 97.62 at 2:20 GMT, which was […] Read more

AUD/USD preserved gains during the past two weeks ahead of FED meeting

July 29, 2013 7:22 am
Having registered gains during the past two weeks, Australian dollar traded still higher against its US counterpart on Monday, as speculation appeared that Federal Reserve policymakers will keep the scale of asset purchases at the central banks meeting, starting on Tuesday. AUD/USD reached a session high at 0.9286 at 3:08 GMT, after which consolidation followed […] Read more

EUR/USD close to five-week highs

July 29, 2013 7:03 am
On Monday the euro traded in proximity to five-week highs against the US dollar, as investors focus was upon upcoming US pending home sales and the statements on monetary policy by the European Central Bank and the Federal Reserve. EUR/USD hit a session high at 1.3291 at 3:08 GMT, the highest point since June 12th, […] Read more

EUR/USD remained little changed in thin trade after US consumer confidence

July 26, 2013 2:43 pm
The euro showed almost insignificant reaction against the US dollar on Friday, following the release of positive consumer sentiment data from the United States, through the course of a thin trade. EUR/USD reached a session high at 1.3296 at 14:02 GMT, after which consolidation followed at 1.3270. Support was likely to be received at July […] Read more

USD/CAD remained almost without change ahead of US consumer confidence

July 26, 2013 1:50 pm
US dollar remained almost without change against its Canadian peer on Friday, as trade was subdued and investors – wary, ahead of US consumer confidence data. USD/CAD slid to a session low, 1.0265 at 10:39 GMT, after which consolidation followed at 1.0275. Support was likely to be found at June 19th low, 1.0174, while resistance […] Read more