April 3, 2014 7:45 am
The Aussie dollar distanced from the strongest level in more than four months against its US counterpart, after Australias retail sales trailed analysts estimates and following RBA Governor Glenn Stevens comments that it was too early to reckon the re-balancing of the economy from mining investment to domestic-led growth will occur smoothly. AUD/USD touched a […]
Read moreApril 3, 2014 7:42 am
During yesterday’s trading session EUR/USD traded within the range of 1.3753-1.3820 and closed at 1.3767. At 7:39 GMT today EUR/USD was gaining 0.02% for the day to trade at 1.3769. The pair touched a daily high at 1.3773 at 7:12 GMT. Fundamental view Euro zone The final reading of Frances Services PMI in March probably […]
Read moreApril 3, 2014 7:06 am
During yesterday’s trading session USD/NOK traded within the range of 5.9496-5.9880 and closed at 5.9735. At 7:04 GMT today USD/NOK was gaining 0.22% for the day to trade at 5.9835. The pair touched a daily high at 5.9844 at 7:03 GMT. Fundamental view The number of people in the United States, who filed for unemployment […]
Read moreApril 3, 2014 6:47 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8316-1.8382 and closed at 1.8342. At 6:44 GMT today GBP/CAD was gaining 0.05% for the day to trade at 1.8354. The pair touched a daily high at 1.8373 at 2:45 GMT. Fundamental view Activity in United Kingdoms sector of services probably was almost unchanged in […]
Read moreApril 3, 2014 6:32 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2184-1.2209 and closed at 1.2206. At 6:31 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2203. The pair touched a daily low at 1.2202 at 6:30 GMT. Fundamental view Services Purchasing Managers Index (PMI) for Spain probably dropped to a reading […]
Read moreApril 3, 2014 6:18 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8271-0.8309 and closed at 0.8280. At 6:16 GMT today EUR/GBP was losing 0.21% for the day to trade at 0.8265. The pair breached the first key support and touched a daily low at 0.8261 at 2:05 GMT. Fundamental view Euro zone Services Purchasing Managers Index […]
Read moreApril 2, 2014 2:51 pm
The yen declined for a fifth straight day, touching the weakest level in more than two months against the US dollar, after a report by ADP showed US companies boosted non-farm payrolls in March by the most in three months, indicating the labor market is gaining traction and as factory orders rose more than expected […]
Read moreApril 2, 2014 1:17 pm
The euro pared daily gains against the US dollar on Wednesday, after a report by ADP showed US companies boosted non-farm payrolls in March by the most in three months, indicating the labor market is gaining traction after the harsh winter. EUR/USD hit a session high at 1.3820 at 06:30 GMT, after which the pair […]
Read moreApril 2, 2014 9:16 am
The British pound pared daily gains against the US dollar, after data showed that activity in the UK construction sector expanded at a slower-than-expected pace last month. GBP/USD hit a session high at 1.6664 at 08:19 GMT, after which the pair trimmed daily gains to trade little changed at 1.6644, adding 0.08% for the day. […]
Read moreApril 2, 2014 8:24 am
The kiwi, as the New Zealand dollar is best known, dropped from the strongest level since August 2011 against the US dollar, as a sharp drop in the weighted average price of dairy products fueled speculation the Reserve Bank of New Zealand may not raise borrowing costs as sharply as expected this year. The South […]
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