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US Dollar retreats against the Yen

May 14, 2013 10:04 am
The US dollar traded lower versus Japanese Yen today, as most investors took their profits. USD/JPY cross slided down to 101.27 during the Asian session, which is the pairs lowest level since Friday . Support levels were fixed around 100.51-53, while the resistance levels – at 102.12-14, which is the crosss highest since October 2008. […] Read more

US Business Inventories without change on a monthly basis, retail sales unexpectedly rose

May 14, 2013 7:47 am
Business Inventories in the United States remained unchanged during March, at the amount of 1.270 trillion US dollars and mismatched the estimation of 0.3% increase. Additionally, it became clear, that the gross amount of US business sales declined at rate of 1.1% during March in confirmation of the uncertainty around economic recovery. Business Inventories data […] Read more