April 5, 2014 4:41 pm
During Friday’s trading session AUD/USD traded within the range of 0.9230-0.9306 and closed at 0.9292. Fundamental view At 0:30 GMT on Monday the Australian Industry Group (AIG) is expected to announce the results from its survey on construction sector activity during March. The seasonally adjusted Performance of Construction Index for Australia came in at a […]
Read moreApril 4, 2014 1:31 pm
The loonie, as the Canadian dollar is best known, advanced to the strongest level in a month against the US dollar after data showed the Canadian economy added higher-than-expected number of jobs last month, while unemployment fell to the weakest level in four months. The better-than-projected Canadian data offset a strong US jobs report, which […]
Read moreApril 4, 2014 12:39 pm
The British pound declined for a fourth day against the US dollar, after data showed UK house prices unexpectedly dropped in March by the most in almost two years. GBP/USD touched a session low at 1.6556 at 12:25 GMT, after which consolidation followed at 1.6569, losing 0.17% for the day. Support was likely to be […]
Read moreApril 4, 2014 9:02 am
The Japanese yen hovered near the weakest level in ten weeks against the US dollar, ahead of a US government report that may show private payrolls rose in March, by the most in four months, while the jobless rate stood at the lowest level since October 2008. USD/JPY hit a session high at 02:30 GMT, […]
Read moreApril 4, 2014 8:15 am
The euro slid to the weakest level in more than a month against the US dollar after European Central Bank President Mario Draghi pledged yesterday central banks policy makers were ready to act should deflationary risks strengthen. EUR/USD touched a session low at 1.3696 at 06:05 GMT, after which consolidation followed at 1.3700, losing 0.15% […]
Read moreApril 4, 2014 6:41 am
During yesterday’s trading session USD/CAD traded within the range of 1.1006-1.1045 and closed at 1.1035. At 6:26 GMT today USD/CAD was losing 0.09% for the day to trade at 1.1025. The pair touched a daily low at 1.1024 at 6:37 GMT. Fundamental view Canada The number of the employed people in Canada probably increased by […]
Read moreApril 4, 2014 6:22 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8261-0.8314 and closed at 0.8268. At 6:19 GMT today EUR/GBP was losing 0.02% for the day to trade at 0.8264. The pair touched a daily low at 0.8260 at 6:10 GMT. Fundamental view A survey by Halifax Bank of Scotland (HBOS), the largest mortgage lender […]
Read moreApril 3, 2014 1:54 pm
The loonie, as the Canadian dollar is best known, erased daily losses against its US counterpart after data showed initial jobless claims in the US rose last week, while the nations trade deficit unexpectedly widened in February. Meanwhile, loonies demand was supported after official data revealed the nations trade surplus widened to the highest level […]
Read moreApril 3, 2014 12:13 pm
The euro edged slightly higher against the US dollar on Thursday, after the European Central Bank (ECB) decided to keep interest rates unchanged, even after inflation in the euro area slowed to the weakest pace since October 2009. Investors focus was shifted to the upcoming press conference of the ECB President Mario Draghi, who will […]
Read moreApril 3, 2014 8:18 am
The yen slipped to the weakest level in more than two-months against the US dollar, ahead of US data experts forecast will show services industries and employment strengthened, backing the case for the Federal Reserve to keep on reducing stimulus. USD/JPY hit a session high at 104.07 at 03:35 GMT, after which consolidation followed at […]
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