October 31, 2013 8:21 am
New Zealand dollar preserved daily losses against its US counterpart on Thursday, following Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheelers statement and after the central bank left its benchmark rate unchanged. NZD/USD slid to a session low at 0.8231 during the early phase of Asian trade, after which consolidation followed at 0.8244, still […]
Read moreOctober 30, 2013 2:29 pm
US dollar slipped lower against its Canadian counterpart on Wednesday, after the ADP Research Institute reported that employers in the United States added fewer than expected job positions in October, which boosted the case that the Federal Reserve will probably delay the reduction of its monetary stimulus until early next year. Having reached its highest […]
Read moreOctober 30, 2013 1:12 pm
The euro traded steadily and in proximity to session highs on Wednesday against the US dollar, following the disappointing ADP report on employment and as market players remained cautious ahead of the conclusion of Federal Reserve Banks two-day meeting on policy. EUR/USD hit a session high at 1.3778 at 11:15 GMT, after which consolidation followed […]
Read moreOctober 30, 2013 9:26 am
New Zealand dollar edged higher against its US peer on Wednesday, after having fallen to a four-week low earlier in the day, as Moody’s Investors Service said that it considered reducing New Zealands AAA credit rating. NZD/USD reached a session high at 0.8287 at 7:51 GMT, after having tumbled to its lowest point since October […]
Read moreOctober 30, 2013 8:44 am
Australian dollar traded higher against its US rival on Wednesday, as a report showed that new home sales in Australia continued to increase in the month of September. AUD/USD touched a session high at 0.9506 at 6:40 GMT, after which consolidation followed at 0.9498, rising 0.20% for the day. Support was likely to be found […]
Read moreOctober 30, 2013 8:02 am
US dollar traded higher against the Japanese yen on Wednesday, after Japans industrial production climbed below expectations and amid speculation that the Federal Reserve Bank will probably maintain the pace of its stimulus after the policy meeting is concluded today. USD/JPY reached a session high at 98.27 at 0:55 GMT, after which consolidation followed at […]
Read moreOctober 29, 2013 3:40 pm
US dollar traded with a slight change against its Canadian rival on Tuesday, following the release of mixed data out of the United States, which might add to the case that the Federal Reserve Bank will abstain from trimming the monthly pace of its monetary stimulus at the policy meeting, starting today. Having slipped to […]
Read moreOctober 29, 2013 2:43 pm
The euro edged higher against the US dollar on Tuesday, following the release of mixed economic data out of the United States, as the Federal Reserve Bank prepares to begin a two-day policy meeting, which will probably not introduce any major changes to banks monthly bond purchases. EUR/USD reached a session high at 1.3807 at […]
Read moreOctober 29, 2013 1:19 pm
British pound traded lower against the US dollar on Tuesday, despite that a report showed the number of mortgage approvals in the United Kingdom rose more than expected in September, as speculation appeared that economic data scheduled for release this week would not be sufficiently strong in order nations economy to sustain gains. GBP/USD fell […]
Read moreOctober 29, 2013 9:40 am
New Zealand weakened against its US peer before the Reserve Bank of New Zealand policymakers meet on October 31st and also ahead of Federal Reserve Banks two-day meeting, scheduled to begin later today. NZD/USD touched a session low at 0.8256 at 7:35 GMT, after which consolidation followed at 0.8258, falling 0.52% for the day. Support […]
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