March 21, 2014 10:09 am
British pound lost ground against the Japanese yen on Friday, after reaching one-week highs yesterday, as the European Union followed the United States in imposing further sanctions on the Russian Federation, which urged market players to look for safe haven assets, such as the yen. GBP/JPY touched a daily low at 168.10 at 8:00 GMT. […]
Read moreMarch 21, 2014 9:34 am
The euro slid to the weakest level in more than two weeks against the yen, after Bank of Japan Governor Haruhiko Kuroda said yesterday there was a high probability that inflation reaches the central bank 2% inflation target sometime from the end of this fiscal year to the beginning of fiscal 2015. EUR/JPY touched a […]
Read moreMarch 21, 2014 8:52 am
The US dollar distanced further from three week-lows against the Russian ruble, after it became clear Russias biggest trading partner, the EU, and the US will increase economic pressure on the country in response to the annexation of the Crimean peninsula. USD/RUB hit a session high at 36.486 at 06:00 GMT, after which consolidation followed […]
Read moreMarch 21, 2014 8:47 am
Australian dollar rose against its US counterpart on trading Friday and was poised for a weekly advance, after yesterday an index of economic surprises for Australia by Citigroup climbed to highs unseen in ten months. AUD/USD reached a daily high at 0.9084 at 8:40 GMT. At 8:44 GMT the pair was gaining 0.45% for the […]
Read moreMarch 21, 2014 7:53 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8329-0.8369 and closed at 0.8347. At 7:50 GMT today EUR/GBP was gaining 0.05% for the day to trade at 0.8353. The pair touched a session high at 0.8358 at 7:15 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […]
Read moreMarch 21, 2014 7:28 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2164-1.2204 and closed at 1.2174. At 7:23 GMT today EUR/CHF was losing 0.04% for the day to trade at 1.2173. The pair touched a session low at 1.2169 at 4:45 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […]
Read moreMarch 21, 2014 7:13 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5479-1.5583 and closed at 1.5490. At 7:01 GMT today EUR/CAD was gaining 0.15% for the day to trade at 1.5514. The pair touched a session high at 1.5526 at 6:40 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […]
Read moreMarch 20, 2014 1:53 pm
The loonie, as the Canadian dollar is best known, declined to the weakest level since July 2009 against its US counterpart, as the US Federal Reserve signaled yesterday it may increase borrowing costs by mid-2015 and reduced monetary stimulus, while Bank of Canada Governor Stephen Poloz said the central bank may cut interest rates should […]
Read moreMarch 20, 2014 12:06 pm
The euro declined to the weakest level in two weeks against the US dollar, extending yesterdays losses after Federal Reserve officials signaled a rise in interest rates may be expected by mid-2015, while further trimming monetary stimulus. EUR/USD touched a session low at 1.3757 at 11:18 GMT, after which consolidation followed at 1.3769, losing 0.46% […]
Read moreMarch 20, 2014 9:31 am
The euro dropped to one-week low against the British pound on Thursday, after the Bank of England announced yesterday that further gains cannot be ruled out as the UK economy expands amid declining jobless rate. EUR/GBP touched a session low at 0.8340 at 09:27 GMT, after which consolidation followed at 0.8346, losing 0.22% for the […]
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