March 20, 2014 9:22 am
US dollar climbed to highs unseen in two weeks against the Swiss franc, following the decision by the Swiss National Bank (SNB) to leave borrowing costs without change at the policy meeting today, while yesterday the Federal Reserve indicated that a possible raise in interest rates may occur by the middle of 2015. USD/CHF reached […]
Read moreMarch 20, 2014 8:42 am
The US dollar rebounded from a three-week low against the Russian ruble as Federal Reserve officials signaled a rise in interest rates by 2015, while further trimming monetary stimulus, boosting demand for the US currency. USD/RUB hit a session high at 36.212 at 08:35 GMT, after which consolidation followed at 36.204, adding 0.1% for the […]
Read moreMarch 20, 2014 8:37 am
Australian dollar slid against its US counterpart on trading Thursday, following Federal Reserves policy meeting, where it was indicated that a possible raise in interest rates may occur by the middle of 2015. AUD/USD fell to a daily low at 0.9002 at 1:28 GMT. At 7:57 GMT the pair was losing 0.15% for the day […]
Read moreMarch 20, 2014 7:38 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2162-1.2202 and closed at 1.2186. At 7:29 GMT today EUR/CHF was gaining 0.02% for the day to trade at 1.2187. The pair touched a session high at 1.2192 at 7:10 GMT. Fundamental view At 8:30 GMT the Swiss National Bank (SNB) is expected to announce […]
Read moreMarch 20, 2014 7:23 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8356-0.8395 and closed at 0.8358. At 7:13 GMT today EUR/GBP was gaining 0.04% for the day to trade at 0.8368. The pair touched a session high at 0.8369 at 7:10 GMT. Fundamental view The gauge of industrial orders in the United Kingdom probably climbed to […]
Read moreMarch 19, 2014 3:54 pm
The euro traded lower against the US dollar on Wednesday amid speculation the Federal Reserve will further trim its bond-buying program and will link its forward guidance as to when it will increase interest rates to a range of economic indicators. EUR/USD touched a session low at 1.3900 at 14:40 GMT, after which the pair […]
Read moreMarch 19, 2014 2:12 pm
The euro advanced to the strongest level in more than four years against the loonie, as the Canadian dollar is best known, amid speculation the Bank of Canada may cut interest rates to spur economic growth. EUR/CAD touched a session high at 1.5587 at 11:30 GMT, after which it consolidated at 1.5562, adding 0.3% for […]
Read moreMarch 19, 2014 12:53 pm
The euro traded slightly changed against the Swiss franc, after the ZEW research institute reported economic sentiment in Switzerland dropped in March, while risk appetite seemed to have increased, as Western sanctions on Russia have so far been limited. EUR/CHF reached a session high at 1.2183 at 9:55 GMT, also the pairs highest point since […]
Read moreMarch 19, 2014 10:40 am
The euro dropped to daily lows against the British pound, after data showed the number of jobless claims in the UK fell more than projected, while the claimant count decreased in February. EUR/GBP touched a session low at 0.8361 at 09:32 GMT, after which consolidation followed at 0.8371, losing 0.32% for the day. Support was […]
Read moreMarch 19, 2014 10:02 am
British pound climbed to daily highs against the Japanese yen on trading Wednesday, following official data to show the number of jobless claims in the United Kingdom fell more than projected and the claimant count rate decreased in February. BoE minutes showed an unanimous vote on policy. GBP/JPY touched a session high at 169.13 at […]
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