October 25, 2013 1:06 pm
The euro fell from previously registered 23-month highs against the US dollar and preserved daily losses, following the release of disappointing German business climate data by the IFO institute and after another report showed that durable goods orders in the United States gained more than expected in September. EUR/USD slipped to a session low at […]
Read moreOctober 25, 2013 10:54 am
British pound was trading higher against the US dollar on Friday, following a report, which revealed UK economy expanded at the fastest pace in three years during the third quarter of 2013. GBP/USD climbed to a session high at 1.6246 at 4:30 GMT, the pairs highest point since October 23rd, after which consolidation followed at […]
Read moreOctober 25, 2013 8:41 am
Australian dollar was trading lower against its US counterpart on Friday, as market players curbed appetite for riskier assets, such as the Aussie, and focused on the upcoming policy meeting by the Federal Reserve next week, in pursuit for clues of banks next move on stimulus. AUD/USD fell to a session low at 0.9584 at […]
Read moreOctober 25, 2013 7:46 am
The euro climbed to a new 23-month high against the US dollar on Friday, as the greenback continued losing ground against peers due to expectations that the Federal Reserve Bank may postpone its plans to taper stimulus until next year. EUR/USD hit a session high at 1.3833 at 4:30 GMT, also the pairs highest point […]
Read moreOctober 25, 2013 6:49 am
US dollar slid to its lowest point in two weeks against the Japanese yen before the release of the University of Michigan consumer confidence report, which is expected to show the corresponding index fell to its lowest level since January in October. USD/JPY fell to a session low at 96.94 at 4:30 GMT, also the […]
Read moreOctober 24, 2013 1:33 pm
US dollar rose to its highest point in two weeks against the Canadian counterpart on Thursday, following the release of the weekly report on initial jobless claims and the trade balance data out of the United States, while the Royal Bank of Canada stressed on the need for future raise in the interest rates, something […]
Read moreOctober 24, 2013 12:05 pm
US dollar fell to its lowest point in over 2.5 years against the Swiss franc on Thursday, as speculation that the Federal Reserve will put off plans to taper its monetary stimulus was still causing pressure on the greenback. USD/CHF plunged to a session low at 0.8903 at 10:15 GMT, also the pairs lowest point […]
Read moreOctober 24, 2013 9:40 am
The euro trimmed suddenly earlier gains against the US dollar on Thursday, following the overall weaker than projected data on activity in manufacturing and services sectors in Euro regions first two largest economies. Having reached a fresh 23-month high previously, EUR/USD cross fell sharply to a session low at 1.3764 at 8:05 GMT, after which […]
Read moreOctober 24, 2013 8:31 am
US dollar was trading steadily against the Japanese yen on Thursday, after a report said that Chinese manufacturing PMI climbed at the fastest pace in seven months in October, which dimmed demand for safe haven currencies, such as the yen. USD/JPY reached a session high at 97.61 at 5:50 GMT, after which consolidation followed at […]
Read moreOctober 24, 2013 7:32 am
The euro soared to a new 23-month high against the US dollar on Thursday, as signs that US growth might have been shaved by the partial government shutdown, bolstered speculation that the Federal Reserve Bank may postpone the scaling back of its monetary stimulus until 2014. EUR/USD hit a session high at 1.3822 at 6:30 […]
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