April 4, 2014 6:22 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8261-0.8314 and closed at 0.8268. At 6:19 GMT today EUR/GBP was losing 0.02% for the day to trade at 0.8264. The pair touched a daily low at 0.8260 at 6:10 GMT. Fundamental view A survey by Halifax Bank of Scotland (HBOS), the largest mortgage lender […]
Read moreApril 3, 2014 1:54 pm
The loonie, as the Canadian dollar is best known, erased daily losses against its US counterpart after data showed initial jobless claims in the US rose last week, while the nations trade deficit unexpectedly widened in February. Meanwhile, loonies demand was supported after official data revealed the nations trade surplus widened to the highest level […]
Read moreApril 3, 2014 12:13 pm
The euro edged slightly higher against the US dollar on Thursday, after the European Central Bank (ECB) decided to keep interest rates unchanged, even after inflation in the euro area slowed to the weakest pace since October 2009. Investors focus was shifted to the upcoming press conference of the ECB President Mario Draghi, who will […]
Read moreApril 3, 2014 8:18 am
The yen slipped to the weakest level in more than two-months against the US dollar, ahead of US data experts forecast will show services industries and employment strengthened, backing the case for the Federal Reserve to keep on reducing stimulus. USD/JPY hit a session high at 104.07 at 03:35 GMT, after which consolidation followed at […]
Read moreApril 3, 2014 7:45 am
The Aussie dollar distanced from the strongest level in more than four months against its US counterpart, after Australias retail sales trailed analysts estimates and following RBA Governor Glenn Stevens comments that it was too early to reckon the re-balancing of the economy from mining investment to domestic-led growth will occur smoothly. AUD/USD touched a […]
Read moreApril 3, 2014 7:42 am
During yesterday’s trading session EUR/USD traded within the range of 1.3753-1.3820 and closed at 1.3767. At 7:39 GMT today EUR/USD was gaining 0.02% for the day to trade at 1.3769. The pair touched a daily high at 1.3773 at 7:12 GMT. Fundamental view Euro zone The final reading of Frances Services PMI in March probably […]
Read moreApril 3, 2014 7:06 am
During yesterday’s trading session USD/NOK traded within the range of 5.9496-5.9880 and closed at 5.9735. At 7:04 GMT today USD/NOK was gaining 0.22% for the day to trade at 5.9835. The pair touched a daily high at 5.9844 at 7:03 GMT. Fundamental view The number of people in the United States, who filed for unemployment […]
Read moreApril 3, 2014 6:47 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8316-1.8382 and closed at 1.8342. At 6:44 GMT today GBP/CAD was gaining 0.05% for the day to trade at 1.8354. The pair touched a daily high at 1.8373 at 2:45 GMT. Fundamental view Activity in United Kingdoms sector of services probably was almost unchanged in […]
Read moreApril 3, 2014 6:32 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2184-1.2209 and closed at 1.2206. At 6:31 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2203. The pair touched a daily low at 1.2202 at 6:30 GMT. Fundamental view Services Purchasing Managers Index (PMI) for Spain probably dropped to a reading […]
Read moreApril 3, 2014 6:18 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8271-0.8309 and closed at 0.8280. At 6:16 GMT today EUR/GBP was losing 0.21% for the day to trade at 0.8265. The pair breached the first key support and touched a daily low at 0.8261 at 2:05 GMT. Fundamental view Euro zone Services Purchasing Managers Index […]
Read more