April 7, 2014 7:49 am
The Aussie dollar traded little changed, close to a more than four-month high, against its US counterpart after traders reduced bearish bets to the weakest level in almost a year and as Australian employers added the highest number of workers since May 2012. AUD/USD hit a session high at 0.9296 at 00:15 GMT, after which […]
Read moreApril 7, 2014 7:21 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5006-1.5145 and closed at 1.5050. At 7:17 GMT today EUR/CAD was losing 0.06% for the day to trade at 1.5042. The pair touched a daily low at 1.5027 at 2:30 GMT. Fundamental view Confidence among investors in the Euro zone probably improved during the current […]
Read moreApril 7, 2014 6:53 am
During Friday’s trading session EUR/GBP traded within the range of 0.8250-0.8278 and closed at 0.8269. At 6:46 GMT today EUR/GBP was losing 0.02% for the day to trade at 0.8268. The pair touched a daily low at 0.8261 during the early phase of Asian trade. Fundamental view Confidence among investors in the Euro zone probably […]
Read moreApril 7, 2014 6:35 am
During Friday’s trading session EUR/CHF traded within the range of 1.2216-1.2250 and closed at 1.2225. At 6:32 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2221. The pair touched a daily low at 1.2214 at 3:30 GMT. Fundamental view Confidence among investors in the Euro zone probably improved during the current […]
Read moreApril 6, 2014 11:01 am
The euro slid to the weakest level in more than a month against the US dollar on Friday, capping a third straight week of losses, as European Central Bank President Mario Draghi suggested readiness to use Quantitative easing (QE) to boost inflation in the currency bloc. EUR/USD touched a session low at 1.3673 at 14:30 […]
Read moreApril 6, 2014 7:24 am
During Friday’s trading session AUD/JPY traded within the range of 95.81-96.51 and closed at 95.97. Fundamental view At 0:30 GMT on Monday the Australian Industry Group (AIG) is expected to announce the results from its survey on construction sector activity during March. The seasonally adjusted Performance of Construction Index for Australia came in at a […]
Read moreApril 5, 2014 4:41 pm
During Friday’s trading session AUD/USD traded within the range of 0.9230-0.9306 and closed at 0.9292. Fundamental view At 0:30 GMT on Monday the Australian Industry Group (AIG) is expected to announce the results from its survey on construction sector activity during March. The seasonally adjusted Performance of Construction Index for Australia came in at a […]
Read moreApril 4, 2014 1:31 pm
The loonie, as the Canadian dollar is best known, advanced to the strongest level in a month against the US dollar after data showed the Canadian economy added higher-than-expected number of jobs last month, while unemployment fell to the weakest level in four months. The better-than-projected Canadian data offset a strong US jobs report, which […]
Read moreApril 4, 2014 12:39 pm
The British pound declined for a fourth day against the US dollar, after data showed UK house prices unexpectedly dropped in March by the most in almost two years. GBP/USD touched a session low at 1.6556 at 12:25 GMT, after which consolidation followed at 1.6569, losing 0.17% for the day. Support was likely to be […]
Read moreApril 4, 2014 9:02 am
The Japanese yen hovered near the weakest level in ten weeks against the US dollar, ahead of a US government report that may show private payrolls rose in March, by the most in four months, while the jobless rate stood at the lowest level since October 2008. USD/JPY hit a session high at 02:30 GMT, […]
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