April 2, 2014 2:51 pm
The yen declined for a fifth straight day, touching the weakest level in more than two months against the US dollar, after a report by ADP showed US companies boosted non-farm payrolls in March by the most in three months, indicating the labor market is gaining traction and as factory orders rose more than expected […]
Read moreApril 2, 2014 1:17 pm
The euro pared daily gains against the US dollar on Wednesday, after a report by ADP showed US companies boosted non-farm payrolls in March by the most in three months, indicating the labor market is gaining traction after the harsh winter. EUR/USD hit a session high at 1.3820 at 06:30 GMT, after which the pair […]
Read moreApril 2, 2014 9:16 am
The British pound pared daily gains against the US dollar, after data showed that activity in the UK construction sector expanded at a slower-than-expected pace last month. GBP/USD hit a session high at 1.6664 at 08:19 GMT, after which the pair trimmed daily gains to trade little changed at 1.6644, adding 0.08% for the day. […]
Read moreApril 2, 2014 8:24 am
The kiwi, as the New Zealand dollar is best known, dropped from the strongest level since August 2011 against the US dollar, as a sharp drop in the weighted average price of dairy products fueled speculation the Reserve Bank of New Zealand may not raise borrowing costs as sharply as expected this year. The South […]
Read moreApril 2, 2014 7:54 am
The Aussie dollar extended a drop from a four-month high against its US counterpart, after data showed the number of building approvals in Australia declined in February, raising concerns over the health of the nations housing sector, which the RBA sees as crucial to re-balance the economy as a mining investment boom wanes. AUD/USD touched […]
Read moreApril 2, 2014 7:46 am
During yesterday’s trading session GBP/USD traded within the range of 1.6619-1.6675 and closed at 1.6630. At 7:44 GMT today GBP/USD was gaining 0.07% for the day to trade at 1.6640. The pair touched a daily high at 1.6646 at 7:05 GMT. Fundamental view Activity in United Kingdoms sector of construction probably increased in March, with […]
Read moreApril 2, 2014 7:10 am
During yesterday’s trading session USD/SEK traded within the range of 6.4419-6.4791 and closed at 6.4536. At 7:08 GMT today USD/SEK was losing 0.12% for the day to trade at 6.4468. The pair touched a daily low at 6.4416 at 5:20 GMT. Fundamental view Employment in United States private sector probably increased by 190 000 during […]
Read moreApril 2, 2014 6:50 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2174-1.2189 and closed at 1.2185. At 6:45 GMT today EUR/CHF was gaining 0.01% for the day to trade at 1.2188. The pair broke the first key resistance and touched a daily high at 1.2192 at 1:15 GMT. Fundamental view The number of unemployed people in […]
Read moreApril 2, 2014 6:34 am
During yesterday’s trading session USD/NOK traded within the range of 5.9580-5.9954 and closed at 5.9831. At 6:32 GMT today USD/NOK was losing 0.16% for the day to trade at 5.9743. The pair touched a daily low at 5.9720 at 6:31 GMT. Fundamental view The rate of unemployment in Norway probably remained steady at 3.6% during […]
Read moreApril 2, 2014 6:19 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8262-0.8306 and closed at 0.8294. At 6:17 GMT today EUR/GBP was gaining 0.10% for the day to trade at 0.8303. The pair touched a daily high at 0.8305 at 6:15 GMT. Fundamental view The number of unemployed people in Spain probably decreased by 5 300 […]
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