March 20, 2014 7:23 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8356-0.8395 and closed at 0.8358. At 7:13 GMT today EUR/GBP was gaining 0.04% for the day to trade at 0.8368. The pair touched a session high at 0.8369 at 7:10 GMT. Fundamental view The gauge of industrial orders in the United Kingdom probably climbed to […]
Read moreMarch 19, 2014 3:54 pm
The euro traded lower against the US dollar on Wednesday amid speculation the Federal Reserve will further trim its bond-buying program and will link its forward guidance as to when it will increase interest rates to a range of economic indicators. EUR/USD touched a session low at 1.3900 at 14:40 GMT, after which the pair […]
Read moreMarch 19, 2014 2:12 pm
The euro advanced to the strongest level in more than four years against the loonie, as the Canadian dollar is best known, amid speculation the Bank of Canada may cut interest rates to spur economic growth. EUR/CAD touched a session high at 1.5587 at 11:30 GMT, after which it consolidated at 1.5562, adding 0.3% for […]
Read moreMarch 19, 2014 12:53 pm
The euro traded slightly changed against the Swiss franc, after the ZEW research institute reported economic sentiment in Switzerland dropped in March, while risk appetite seemed to have increased, as Western sanctions on Russia have so far been limited. EUR/CHF reached a session high at 1.2183 at 9:55 GMT, also the pairs highest point since […]
Read moreMarch 19, 2014 10:40 am
The euro dropped to daily lows against the British pound, after data showed the number of jobless claims in the UK fell more than projected, while the claimant count decreased in February. EUR/GBP touched a session low at 0.8361 at 09:32 GMT, after which consolidation followed at 0.8371, losing 0.32% for the day. Support was […]
Read moreMarch 19, 2014 10:02 am
British pound climbed to daily highs against the Japanese yen on trading Wednesday, following official data to show the number of jobless claims in the United Kingdom fell more than projected and the claimant count rate decreased in February. BoE minutes showed an unanimous vote on policy. GBP/JPY touched a session high at 169.13 at […]
Read moreMarch 19, 2014 9:36 am
The US dollar declined to a two-week low against the Russian ruble on Wednesday, as Russia pressed on with its annexation of the Crimean peninsula and amid speculation the impact of Western sanctions on the worlds biggest energy exporter, Russia, will be mild. USD/RUB touched a daily low at 35.998 at 08:30 GMT, after which […]
Read moreMarch 19, 2014 9:25 am
Australian dollar traded lower against its US counterpart on Wednesday, snapping a two-day advance before the outcome of Federal Reserve Banks meeting on policy, while Chinese equities tumbled, which dampened prospects for Australias largest export partner. AUD/USD touched a session low at 0.9106 at 7:55 GMT, after which consolidation followed at 0.9114, falling 0.10% for […]
Read moreMarch 19, 2014 8:50 am
The euro advanced against the yen on trading Wednesday after Japans trade deficit widened more than analyst expected in February, hindering the nations recovery ahead of a sales-tax increase in April that may weigh on domestic demand. EUR/JPY touched a session high at 141.57, after which the pair consolidated at 141.40, adding 0.05% for the […]
Read moreMarch 19, 2014 8:37 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8362-0.8400 and closed at 0.8393. At 8:07 GMT today EUR/GBP was losing 0.13% for the day to trade at 0.8387. The pair touched a session low at 0.8379 at 8:00 GMT. Fundamental view The number of jobless claims in the United Kingdom probably dropped by […]
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