April 1, 2014 8:12 am
The Aussie touched a four-month high against the US dollar as the Reserve Bank of Australia kept interest rates unchanged, but erased earlier gains after RBA Governor Glenn Stevens commented that the currencys recent appreciation will curb the stimulus provided to the economy. AUD/USD hit a session high at 0.9302 at 03:30 GMT, after which […]
Read moreApril 1, 2014 8:02 am
During yesterday’s trading session NZD/USD traded within the range of 0.8642-0.8685 and closed at 0.8672. At 7:59 GMT today NZD/USD was gaining 0.04% for the day to trade at 0.8678. The pair touched a daily high at 0.8689 at 6:54 GMT. Fundamental view At 14:45 GMT Markit Economics will announce the final reading of its […]
Read moreApril 1, 2014 7:24 am
During yesterday’s trading session EUR/JPY traded within the range of 141.32-142.60 and closed at 142.17. At 7:23 GMT today EUR/JPY was gaining 0.21% for the day to trade at 142.45. The pair touched a daily high at 142.46 at 7:22 GMT. Fundamental view The final manufacturing PMI for Italy probably fell to a reading of […]
Read moreApril 1, 2014 7:00 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8252-0.8298 and closed at 0.8266. At 6:58 GMT today EUR/GBP was gaining 0.01% for the day to trade at 0.8265. The pair touched a daily high at 0.8269 at 6:25 GMT. Fundamental view Single Currency Zone The final reading of Spanish manufacturing PMI probably advanced […]
Read moreApril 1, 2014 6:47 am
During yesterday’s trading session USD/SEK traded within the range of 6.4665-6.5161 and closed at 6.4681. At 6:41 GMT today USD/SEK was losing 0.28% for the day to trade at 6.4517. The pair broke the first key support level and touched a daily low at 6.4421 at 6:30 GMT. Fundamental view At 14:45 GMT Markit Economics […]
Read moreApril 1, 2014 6:33 am
During yesterday’s trading session USD/NOK traded within the range of 5.9787-6.0182 and closed at 5.9860. At 6:32 GMT today USD/NOK was losing 0.03% for the day to trade at 5.9859. The pair touched a daily low at 5.9781 at 6:30 GMT. Fundamental view Norways manufacturing Purchasing Managers Index (PMI) probably climbed to 51.7 during March […]
Read moreApril 1, 2014 6:17 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2171-1.2205 and closed at 1.2182. At 6:14 GMT today EUR/CHF was gaining 0.01% for the day to trade at 1.2184. The pair touched a daily high at 1.2186 at 5:35 GMT. Fundamental view Manufacturing activity in Switzerland probably slowed down last month, with the corresponding […]
Read moreMarch 31, 2014 2:53 pm
The Russian ruble advanced to the strongest level in more than a month against the US dollar, as tension between Russia and the West started to deescalate after US Secretary of State John Kerry and Russian foreign minister Sergei Lavrov held talks on Friday. USD/RUB touched a session low at 35.148 at 14:23 GMT, after […]
Read moreMarch 31, 2014 2:00 pm
The loonie, as the Canadian dollar is best known, hovered close to the strongest level in three weeks against its US counterpart after data showed today that the Canadian economy expanded at a faster-than-expected pace in January, led by gains in manufacturing output. USD/CAD touched a session low at 1.1003 at 13:30 GMT, after which […]
Read moreMarch 31, 2014 11:38 am
The euro rebounded from a one-month low against the US dollar on Monday, after preliminary data showed that inflation in the euro area fell to the weakest level since October 2009, which added to expectations the European Central Bank officials will take action as soon as this week to bolster the euro zones recovery, but […]
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