March 3, 2014 8:43 am
Australian dollar managed to trim earlier losses against its US counterpart on trading Monday, but remained close to lows unseen in one month, as geopolitical tensions prompted investors to reduce their possessions of riskier assets. Having touched a daily low at 0.8891 at 0:53 GMT, also the pairs lowest point since February 5th, AUD/USD traded […]
Read moreMarch 2, 2014 7:46 am
The euro capped the biggest monthly gain since April, after data showed the inflation rate in the euro zone accelerated at a faster-than-expected pace in February, relieving concerns ECB may ease monetary policy at its meeting next week. EUR/USD touched a two-month high at 1.3824 at 20:00 GMT, after which the pair settled at 1.3802 […]
Read moreMarch 1, 2014 2:36 pm
Australian dollar extended daily losses against its US counterpart during late US session on Friday ahead of Reserve Bank of Australias policy meeting next week and as prospects of maintained stimulus reduction by the Federal Reserve led to lower demand for high-yielding currencies, such as the Aussie. AUD/USD touched a new session low at 0.8916 […]
Read moreFebruary 28, 2014 12:59 pm
The euro advanced to the strongest level in two months against the US dollar, after data showed the inflation rate in the euro zone accelerated at a faster-than-expected pace in February, relieving concerns that ECB may ease monetary policy at its meeting next week in order to stimulate the economy. EUR/USD hit a session high […]
Read moreFebruary 28, 2014 10:01 am
The Japanese yen advanced to the strongest level in almost two weeks against the US dollar as rising tension in Ukraine and the complicated geopolitical situation on the Crimea peninsula, boosted demand for the Japanese currency as a safe-haven. The yen was also supported after data showed the nations inflation rate accelerated to a 5-year […]
Read moreFebruary 28, 2014 9:10 am
The pound advanced against the US dollar to the strongest level in almost two weeks, after official data showed UK home values increased in February for a 14th straight month, adding to evidence the UK economy is gaining traction. GBP/USD hit a session high at 1.6744 at 07:45 GMT, after which consolidation followed at 1.6734, […]
Read moreFebruary 28, 2014 8:09 am
Australian dollar was slightly changed against its US counterpart on trading Friday, as prospects of maintained stimulus reduction by the Fed led to lower demand for high-yielding currencies, such as the Aussie. AUD/USD reached a daily low at 0.8939 at 4:50 GMT, after which the pair consolidated at 0.8957, down 0.10% for the day and […]
Read moreFebruary 27, 2014 3:06 pm
The loonie, as the Canadian dollar is best known, snapped two days of advances against its US counterpart, following a report that revealed durable goods orders in the US declined less than forecast last month, an evidence US manufacturing was starting to recover after the recent severe winter conditions. USD/CAD touched a session high at […]
Read moreFebruary 27, 2014 11:03 am
The Japanese yen advanced to the strongest level in more than a week against the US dollar as the rising tension in Ukraine and the complicated geopolitical situation on the Crimea peninsula, boosted demand for the Japanese currency as a safe-haven. USD/JPY hit a session low at 101.73 at 10:50 GMT, after which consolidation followed […]
Read moreFebruary 27, 2014 10:11 am
The euro declined to the weakest level in two weeks against the US dollar after it became clear the fourth largest euro zone economy, Spain, grew at a slower than previously estimated pace in the fourth quarter, while loans to the euro zone private sector fell for the 21st straight month, adding to concerns over […]
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