November 2, 2013 2:57 pm
The euro traded in proximity to two-week lows against the US dollar during late phase of US session, after the Institute for Supply Management (ISM) reported that its index of manufacturing activity climbed to the highest level since April 2011, while the euro was still pressured by prospects of a potential rate cut by the […]
Read moreNovember 1, 2013 2:54 pm
US dollar climbed to session highs against its US rival on trading Friday, as the Institute for Supply Management (ISM) reported that its index of manufacturing activity climbed to the highest level since April 2011. USD/CAD reached a session high at 1.0454 at 13:19 GMT, after which consolidation followed at 1.0450, gaining 0.18% for the […]
Read moreNovember 1, 2013 10:16 am
British pound lost ground against the US dollar on Friday, after a report showed that manufacturing activity in the United Kingdom slowed down a bit more than projected in October, while speculation that the Federal Reserve Bank may begin paring back its stimulus program sooner than anticipated continued to provide support to dollars demand. GBP/USD […]
Read moreNovember 1, 2013 9:26 am
The euro plunged to the lowest point in two weeks against the US dollar on Friday, as yesterdays weak economic data released out of the Euro zone would prompt the European Central Bank (ECB) to consider a cut in its benchmark interest rate. EUR/USD fell to a session low at 1.3518 at 7:15 GMT, also […]
Read moreNovember 1, 2013 8:36 am
Australian dollar preserved gains against its US counterpart on Friday, as producer prices in Australia rose more than projected during Q3 and Chinese manufacturing activity expanded to reach an 18-month high in October. AUD/USD touched a session high at 0.9490 at 6:35 GMT, after which consolidation followed at 0.9480, gaining 0.27% for the day. Support […]
Read moreNovember 1, 2013 7:51 am
New Zealand dollar edged higher against its US rival on Friday, as manufacturing activity in China, New Zealands largest export market, rose to an 18-month high in October. NZD/USD climbed to a session high at 0.8278 at 6:20 GMT, after which consolidation followed at 0.8273, up 0.11% for the day. Support was likely to be […]
Read moreOctober 31, 2013 2:29 pm
US dollar slipped to session lows against its Canadian counterpart on Thursday, after an official report said that Canadian economy grew more than projected in August. USD/CAD reached a session low at 1.0421 at 12:37 GMT, after which consolidation followed at 1.0433, losing 0.44% for the day. Support was likely to be received at October […]
Read moreOctober 31, 2013 1:25 pm
The euro plunged to new session lows against the US dollar on Thursday, following a string of disappointing economic data released out of the Euro zone, which only reinforced the view that economic recovery in the region remains frail. EUR/USD tumbled to a session low at 1.3633 at 10:50 GMT, also the pairs lowest point […]
Read moreOctober 31, 2013 10:28 am
US dollar was losing ground against the Japanese yen on Thursday, after Bank of Japan (BoJ) maintained its unprecedented monetary stimulus at the policy meeting today, also reiterating that the rate of inflation in the country will almost reach the 2% inflation objective during the year starting on April 2015. At the same time, the […]
Read moreOctober 31, 2013 9:18 am
Australian dollar edged higher against its US counterpart on Thursday, as building approvals in Australia considerably outstripped forecasts and despite that the greenback received support after FOMC policy decision. AUD/USD touched a session high at 0.9508 at 0:45 GMT, after which consolidation followed at 0.9502, gaining 0.19% for the day. Support was likely to be […]
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