February 27, 2014 8:15 am
Australian dollar touched lows unseen in almost three weeks against its US rival on trading Thursday, following a report, which showed private capital expenditures in Australia shrank at the fastest pace in four years in the fourth quarter of 2013. AUD/USD fell to a daily low at 0.8917 at 0:36 GMT, also the pairs lowest […]
Read moreFebruary 26, 2014 3:41 pm
The loonie, as the Canadian dollar is best known, dropped for a second day against its US counterpart, after new home sales in the US rose to a five-yer high, fueling speculation Federal Reserve Chair Janet Yellen will back stimulus taper in her testimony before the Senate tomorrow. USD/CAD touched a session high at 1.1117 […]
Read moreFebruary 26, 2014 10:56 am
The pound advanced for a third day against the US dollar, after revised data showed the UK economy expanded in line with preliminary estimates in the fourth quarter, adding to evidence the UK economy is gaining traction. GBP/USD hit a session high at 1.6701 at 09:30 GMT, after which consolidation followed at 1.6695, adding 0.08% […]
Read moreFebruary 26, 2014 10:43 am
The euro traded little changed against the US dollar, even though the European Commission raised its GDP growth forecast for the euro zone in 2014. EUR/USD touched a session low at 1.3734 at 08:05 GMT, after which the pair traded little changed at 1.3739 at 10:42, losing 0.04% for the day. Support was likely to […]
Read moreFebruary 26, 2014 8:21 am
Australian dollar managed to trim earlier losses against its US counterpart on trading Wednesday, which were due to considerably weaker than projected construction work done in Australia during the final quarter of 2013, while prices of iron ore, Australias largest export, plummeted to seven-month lows on Tuesday. Having slid to a session low at 0.8970 […]
Read moreFebruary 25, 2014 3:20 pm
The loonie, as the Canadian dollar is best known, fell against its US counterpart, despite data showed US consumer confidence decreased this month. However, greenbacks demand was supported after it became clear that US home prices rose in line with analysts expectations, one month after capping the largest advance in almost 8 years. USD/CAD hit […]
Read moreFebruary 25, 2014 12:56 pm
The pound advanced for a second day against the US dollar, after industry data revealed mortgage approvals in the UK rose to a six-year high, while at the same time UK retail sale volumes hit the strongest level in 1-1/2 years, adding to evidence the recovery is gaining traction. GBP/USD touched a session high at […]
Read moreFebruary 25, 2014 9:16 am
The euro advanced against the US dollar on Tuesday, after data revealed the largest euro zone economy, Germany, expanded in the fourth quarter at the fastest annualized pace since the three months through March 2012. However, gains were limited as annual inflation in the euro zone remained under 1% for a fourth month and after […]
Read moreFebruary 25, 2014 8:12 am
Having touched daily highs due to increased demand for high-yielding assets earlier on Tuesday, Australian dollar gave back its advance against the US rival during the early phase of European session. AUD/USD touched a daily high at 0.9044 at 1:21 GMT, after which consolidation followed at 0.9023, losing 0.13% for the day. Support was likely […]
Read moreFebruary 24, 2014 2:43 pm
The yen advanced against the US dollar on trading Monday after Chinese stocks led drops in Asian shares, boosting demand for the Japanese currency as a safe-haven. USD/JPY hit a session low at 102.17 at 04:15 GMT, after which consolidation followed at 102.41, losing 0.1% for the day. Support was likely to be received at […]
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