April 9, 2014 2:45 pm
The loonie, as the Canadian dollar is best known, advanced to the strongest level in seven weeks against its US counterpart, as market players awaited the release of the Federal Reserve minutes from its latest policy meeting later in the day to gauge the future direction of US monetary policy. USD/CAD touched a session low […]
Read moreApril 9, 2014 12:41 pm
The UK pound hovered near the strongest level in a month against the US dollar, after the International Monetary Fund revised up its UK growth forecast and the nations deficit unexpectedly narrowed in February. GBP/USD hit a session high at 1.6758 at 12:37 GMT, after which consolidation followed at 1.6755, adding 0.04% for the day. […]
Read moreApril 9, 2014 11:16 am
During yesterday’s trading session NZD/USD traded within the range of 0.8606-0.8682 and closed at 0.8667. At 11:12 GMT today NZD/USD was gaining 0.16% for the day to trade at 0.8688. The pair breached the first key resistance and touched a daily high at 0.8708 at 1:45 GMT. Fundamental view United States At 18:00 GMT the […]
Read moreApril 9, 2014 8:57 am
The Aussie advanced to the strongest level in more than four months against its US counterpart, while the kiwi, as the New Zealand dollar is best known, touched highs unseen in 2-1/2 years against the greenback. Demand for the South-Pacific currencies was heightened after data showed the number of home-loan approvals rose at a faster-than-projected […]
Read moreApril 9, 2014 8:13 am
The Swedish krona traded snapped two days of advances against the US dollar on Wednesday, after Sveriges Riksbank refrained from taking action and left the main interest rate unchanged at a record-low 0.75%, where it has been since December last year. USD/SEK hit a session high at 6.5144 at 08:05 GMT, after which consolidation followed […]
Read moreApril 9, 2014 7:41 am
During yesterday’s trading session USD/BRL traded within the range of 2.1934-2.2196 and closed at 2.2018. At 7:35 GMT today USD/BRL was gaining 0.03% for the day to trade at 2.2016. The pair touched a daily high at 2.2019 at 4:25 GMT. Fundamental view The annualized index of consumer prices (CPI) in Brazil probably climbed to […]
Read moreApril 9, 2014 7:20 am
During yesterday’s trading session USD/MXN traded within the range of 12.9398-13.0733 and closed at 13.0721. At 7:10 GMT today USD/MXN was losing 0.05% for the day to trade at 13.0441. The pair touched a daily low at 13.0380 at 6:07 GMT. Fundamental view The annualized index of consumer prices (CPI) in Mexico probably slowed down […]
Read moreApril 9, 2014 6:46 am
During yesterday’s trading session EUR/SEK traded within the range of 8.9533-8.9786 and closed at 8.9631. At 6:44 GMT today EUR/SEK was losing 0.06% for the day to trade at 8.9568. The pair touched a daily low at 8.9547 at 6:02 GMT. Fundamental view At 7:30 GMT Sveriges Riksbank is expected to announce its decision on […]
Read moreApril 9, 2014 6:32 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8233-0.8276 and closed at 0.8236. At 6:29 GMT today EUR/GBP was losing 0.05% for the day to trade at 0.8233. The pair touched a daily low at 0.8232 at 6:28 GMT. Fundamental view The deficit on United Kingdoms trade balance probably narrowed to 9.200 billion […]
Read moreApril 9, 2014 6:20 am
During yesterday’s trading session USD/SEK traded within the range of 6.4880-6.5325 and closed at 6.4985. At 6:17 GMT today USD/SEK was gaining 0.06% for the day to trade at 6.5000. The pair touched a daily high at 6.5025 during the early phase of Asian trade. Fundamental view At 7:30 GMT Sveriges Riksbank is expected to […]
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