March 9, 2014 8:49 am
The euro advanced to the strongest level in more than two years against the US dollar on Friday, after European Central Bank President Mario Draghi signaled that deflation risks in the euro zone are easing, reducing bets ECB will add to monetary stimulus. EUR/USD touched a 29-month high at 1.3915 at 11:30 GMT, after which […]
Read moreMarch 8, 2014 2:25 pm
Australian dollar came off fresh three-month highs against the US dollar on trading Friday, after official data revealed that employers in US non-farm sector added more jobs than initially projected in February. Having touched a new daily high at 0.9134 at 13:12 GMT, also the highest level since December 11th, AUD/USD lost ground to close […]
Read moreMarch 7, 2014 2:37 pm
The loonie, as the Canadian dollar is best known, retreated from the strongest level in more than two weeks against the US dollar, after data showed US employers added higher-than-expected number of workers last month, easing concerns over the US economic outlook. At the same time, data showed that Canadian employers eliminated jobs last month, […]
Read moreMarch 7, 2014 10:47 am
The pound trimmed daily gains to trade little changed against the US dollar, after an official report showed UK consumer inflation expectations declined in the three months through December, while at the same time investors awaited the release of US payrolls data later in the day, which may show employers added more workers to payrolls […]
Read moreMarch 7, 2014 9:18 am
The euro advanced to the strongest level in more than two-months against the US dollar after yesterday the European Central Bank decided to hold its main interest rate at a record low and announced that inflation is expected to gradually accelerate, easing concerns central banks officials will add monetary stimulus. Having reached a session high […]
Read moreMarch 7, 2014 8:36 am
Australian dollar traded close to highs unseen in three months against its US counterpart on Friday and was poised for a weekly gain, following a series of optimistic economic data, released earlier in the week, while the Reserve Bank of Australia may consider a verbal intervention in order to curb further strength. AUD/USD rose to […]
Read moreMarch 6, 2014 1:49 pm
The euro advanced to the strongest level in more than a week against the US dollar, after the European Central Bank decided to hold its main interest rate at a record low this month as stronger inflation and economic output eased pressure on central banks officials to take action. EUR/USD touched a session high at […]
Read moreMarch 6, 2014 12:48 pm
The pound traded little changed against the US dollar, following Bank of England’s decision to keep its benchmark interest rate and asset purchase facility program unchanged in March. Having reached a session high at 1.6750 at 14:01, GBP/USD trimmed earlier gains to trade little changed at 1.6711 at 12:44 GMT, losing 0.06% for the day. […]
Read moreMarch 6, 2014 8:33 am
The yen declined to a two-week low against the US dollar after a Japans government advisory panel reported there was no need for the worlds largest Government Pension Investment Fund (GPIF) to continue focusing only on domestic bonds, citing accelerating inflation. USD/JPY hit a session high at 102.81 at 08:07 GMT, after which consolidation followed […]
Read moreMarch 6, 2014 8:08 am
Australian dollar gained ground against its US rival on trading Thursday, after data showed Australias retail sales rose at a pace three times faster than projected, while the surplus on nations trade balance widened the most in 2.5 years. AUD/USD climbed to a session high at 0.9034 at 0:32 GMT, which has been the pairs […]
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